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Re: mister post# 358169

Friday, 06/08/2012 12:14:02 PM

Friday, June 08, 2012 12:14:02 PM

Post# of 432620
Mister .. You are a broker's dream .. like taking candy from a baby. NO reputable financial advisor is at the same time his client's broker (can you say "double dipping" and "conflict of interest?" Aren't you the least bit concerned about the objectivity of his advice provided you re: IDCC given the significant size of his position? A good financial advisor would not own more than 10% of his portfolio in one position .. more likely to be 5% or less. So this advisor's portfolio is worth between $2.5 million and $5.0 million? What else does he hold? What is the original purchase cost of his IDCC position? Has he bought and/or sold any? Have you not wondered why he felt it necessary to show you his IDCC position .. I know of no professional financial advisor who would do such a thing unless they had some ulterior motive. Do you even know for certain that the statement he showed you was not created by him .. see Bernir Madoff.

Just curious .. did he put you into IDCC or did you put him into it?

Danny
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