| INTRODUCTION: |
| Financial Fistheads-- Top 5 . These are comments, suggestions, and savy financially quotes recieved in the office, at home, and even sometimes "advice" received from other professionals. Submit a Fist-head story and if it gets published, receive autographed Will Hover memorabelia. |
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| 5. "If you want to win the lottery, you need to pick weird numbers" 4. "1/2 my portfolio is in stocks, 1/2 in Real estate, and I always keep another 1/2 in my Money Market account 3. "90% of the time, mortgage rates go up" 2. "You should buy the house now. The fed is cutting rates which means more people are going to refinance, driving mortgage rates UP!" 1. "I think Will Hover gets a bad rap. You know he really is a nice guy!" |
| Honorable mention: A 72 year old woman, during 2001 lost 75% of her investment portfolios value (most of her life savings). The investments were given to a broker in a broker managed asset account. The broker's investments, since inception five years prior, had been almost entirely common stock (mainly tech stocks). Her comments to her attorney were as follows: " I dont want to pursue legal action against my broker. I have taken the proceeds and purchased LIFE INSURANCE. The agent said it has a much better return!!!!!!!!!!!!!!!!" |
| Do you get financial advise from a bartender, mechanic, or plumber? Do you think that the current federal Tax law is unconstitutional? Do you believe that by declaring yourself a Foreign entity that you won't have to pay income taxes? Are trailer homes, and Cars "investments"? Was Will Hover a genius with Investing? Do you believe that if everyone in America Sends $1 to the Government, we can pay off our National Debt? If you answered yes to any of theses, you just might be a Financial FIST-HEAD!!!!!!!!!!!!! |
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