I'm a CFP and soon to be investment advisor at Edward Jones.
They're offering me my own office and assistant, but I turned em both down. I'd rather work at Sac regional and be an institutional investor than be out there tryin to sell to people.
"Hey, you there! You, across the street! Yea you! Ever thought about investing? No? Well come into my office sometime. It's right over here, behind me. Ok well I'll be right here if you need anything!"
I'm cool. I'd rather deal with asshole companies and my own dickhead company than dumb ass people.
These are all quotes from customers at my last office:
"Why did my stocks go down?"
"Ma'am, that's part of the risk of investment"
"They went down 4 percent this year!"
"Well they went up 14 percent last year. Its a cyclical thing. Your money will gain in the long term...typically around 11% yearly on average"
"Well, sell it all and put it in a savings account! I cant handle all this up and down!"
"I'm 40 and I want to retire with a million dollars when I'm 55"
"How much do you make?"
"About 60k a year"
"Have you been saving for retirement? Do you have any sort of savings at all?"
"No."
"Well sir you'd have to invest 30,000 dollars a year to reach that goal in 15 years."
"Bullshit. I'm out of here"
"I have 20 dollars and I want to know what can I invest it in"
"..."
"Im looking to invest. I was wondering your opinion on WGGMRC."
"Sir, I'm not going to give my opinion on individual stocks or funds. You can very easily do your own research. If you want, I can spend some paid time to research it and come back with my perspective"
"Yes but what do you think about WGGMRC off the top of your head"
"I've never heard of it. It's probably not a very large or well-known fund"
"Well it went up 20 percent last year! Put all my money in it!"
"I'm not gonna do that, sir. Especially since, looking at the summary, this is not a diversified fund."
"Well transfer my whole account balance into it."
"Throw away your money on your own time. You won't even need my services for that."
"Fine, I'm out of here. You people don't know jack shit."
"I want to be a millionaire by 30."
"Cool. How you gonna do that?"
"Hustle, you know, get my grind on"
"Then why are you here"
"To get your investment advice"
"Usually we only do that for people with accounts, but I have some time. What do you need?"
"What you think about startin a record label"
"....Dont do it. You'd be better off sending yourself to college."
"I'm bout to get a studio though man. My nigga E-Mo got flows, I'm on production we gon hit the streets and sell tapes ya heard"
"Investing in a studio is about the worst business venture you can undertake. You would do far better with a hot dog stand. You would probably even do better shining shoes. I'm not kidding."
"Why you hatin man I ain't gon fuck wit you."