|Posted: April 11, 2006, 8:03 am - IP Logged|
hi all ,
1 talk to professionals that you would know use lawyers, accountants financial planners etc.
2 when talking to the people you want to arrange things with; dont give the game away to the 1st one you talk to, like say woo hoo i won $x million. even lie about inherriting some small sum like $100k or less.
3 theres many financial planners , and ways of them getting paid.
id avoid, commision bassed, and trailing commission based.
some fee for FA will even refund any comissions, and trailing comissions.
the reason i say this is fa's can be more interested in getting their best comission, not your bests interests.
you can get FA that will base fees on performance of your investements. they dont get paid if your investments perfoming, and are prob motivatee in geting good returns.
Id go for a str8 fee for service , with no comissions form investment houses or refund of trailing comissions etc.
all i can think of 4 now