Thank you @TigerEvents
Some of the most expensive words in the English language are, “My financial advisor [or private banker] is taking care of my money.”
Our financial advisor or private banker isn’t our friend. To him, we are a big balloon full of money… and he’s trying to suck as much out of that balloon as possible. Many even have an acronym for it: SOW. This stands for “share of wallet” and refers to how much of your money they manage. They all want a higher SOW, so they manage more of your money… and earn more fees.
@CL Wong @Thonyaunn @Derrick_1234 join me Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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