161 You Can Be Objective and Still Be Wrong

Sometimes after we record the Financial Procast I realize that though we've discussed three or four separate topics with no apparent connection, a common thread emerges that ties them all together.

Today's episode is one of those moments.

What is the obsession with “objective” financial advice? What does that even mean? And…more importantly, just because your advice comes from an objective source (for the purpose of this discussion that would mean someone with whom there is no financial incentive to provide advice that leans one way or another) does that necessarily mean it's good advice?

We don't think so. You can be objective and still be wrong.

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Here are links to the stories we discuss along with those handy timestamps that help you skip around:

NAPFA Ousts Outspoken Member (02:47)

Attorneys in PA Cannot Be Compensated for Financial Advice (16:46)

Millennials Don't Like Stocks (30:33)

The Secret to Becoming a Millionaire(45:33)

Right now, we're compiling questions for a “Q&A” show.

As a matter of fact, we'd like to have two such shows this year.

As you can probably tell by now, we are more than capable of talking about things that WE are interested in but we'd much prefer to talk about things that will really help those in our audience.

That being said, if you have a question, comment or suggestion–please reach out to us, we are open and willing to entertain discussion on just about anything in the world of finance.


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