Walk into a bank or a typical stock brokerage firm and the only advice you may get is centered on purchasing the favorite stocks of the day. There are few—if any—questions asked about your present financial situation and financial future. This is how brokers earn a living: the more stocks you buy and sell, the higher the commission your broker earns. This business model is known in the industry as “suitable”.
Ran across a pretty good – and telling quote: “The Ten Commandments contain 297 words, the Bill of Rights 463 words, and Lincoln’s Gettysburg Address 266 words. A recent federal directive regulating the price of cabbage contains 26,911 words.” That from an unknown author who would appreciate the absurdity of a 2,000-plus-page document seemingly destined to govern land use in Santa Clara County, the Habitat Conservation Plan. Years of meetings, millions of dollars, a plethora of government agencies ... and what do you get? A 2,000-plus-page document that nobody truly understands.