Literally!
April 14, 2015
These Rules Could Stop Financial Advisors From Siphoning Billions From Americans' Retirement Accounts Every Year
Under the rule change, all retirement advisers — including brokers, registered investment advisers, insurance agents, and others — who get paid to provide retirement investment advice would have to adhere to a fiduciary standard, which would mean they would be obligated to give advice that is in the best interest of their clients.
You can slow the siphon of the hose'd, but you'll never stop the sucking.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
6 hours ago
2 comments:
It puts the cash in the retirement plan else it gets the hose again.
Musical tribute
Mr Slippery,
Hahaha!
Siphon of the Sheep! ;)
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