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  • Format: ePub

This Element is an excerpt from It's About More Than the Money: Investment Wisdom for Building a Better Life (9780137050321) by Saly A. Glassman. Available in print and digital formats.
Why the best investment advice you ever get might be what not to do.
Shortly after 9/11, a terrible period for all investors and advisors-for all Americans-Edward called to thank his advisor. "Thank me?" the advisor exclaimed. "Why? I feel terrible about our losses over the last year." Edward said, "No, you don't understand. You told me not to invest $600,000 in a private equity partnership I was…mehr

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Produktbeschreibung
This Element is an excerpt from It's About More Than the Money: Investment Wisdom for Building a Better Life (9780137050321) by Saly A. Glassman. Available in print and digital formats.

Why the best investment advice you ever get might be what not to do.

Shortly after 9/11, a terrible period for all investors and advisors-for all Americans-Edward called to thank his advisor. "Thank me?" the advisor exclaimed. "Why? I feel terrible about our losses over the last year." Edward said, "No, you don't understand. You told me not to invest $600,000 in a private equity partnership I was seriously considering. I've just learned that investment was a total failure."


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Autorenporträt
Saly A. Glassman, a Merrill Lynch Senior Vice President, is a member of the Barron's/Winner's Circle list of the nation's Top 100 financial advisers and ranked #1 on the Barron's/Winner's Circle 2008 list of top women financial advisers. She has been with Merrill Lynch for 29 years; her practice was ranked #1 in the Philadelphia Complex and fourth in the firm for 2008. She invests more than $2 billion for high net worth individuals, corporations, and institutions. The Glassman Group operates within Merrill Lynch as an all-female team with more than 135 years of experience in the financial services industry.