Over 50+ years as a broker (retired 2008) if ever I lost a client due to one poor recommendation I was probably very pleased to be rid of him/her. My wealthiest client always said that you only needed to be correct 51% of the time to become a millionaire. I made the odd bad suggestion to him but he just moved forward to the next winner. I advised him to buy 100,000 CBA installment receipts at $6. Would you fire me after that?
Over 50+ years as a broker (retired 2008) if ever I lost a...
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