originally posted in:TFS The Floods Sanctuary
I dont personally trade, but i have about 22k in a 401k with 13.5% of my check going to, and an inheritance in a portfolio with my family, that i put 2% into annually. I dont need to know how to do it, since we have two traders/financial advisers int he family.
English
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I honestly wouldn't feel comfortable of having the traders in my family trade my money. I don't feel good with mixing family and money.
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Considering the two of them make 500k+ on commission alone, ill let them take my money. They also manage 95% of local business owners here, and all rotary members here, sooo, yea they know what they are doing, and they arent just traders, but certified financial advisers.
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It's not the fact I wouldn't trust them, I just wouldn't want then involved in my finances. Ever hear of dont have a family membrer sell you real estate?
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Thats not the saying kika, its family and business dont mix. But with respects to that, i trust my family, compared to most people, we arent out to cheat each other, but help each other.