How should you choose your next financial advice provider?

Another episode on self-serving advice that is so frequently dished out by brokers and advisors. How do you know who to trust? We begin with the Woodbridge Group and how Jordan Goodman (who calls himself “America’s Money Answer Man”) persuaded countless people to invest in what turned out to be a Ponzi scheme. Being a discerning investor is more important than ever, and you might need to ask yourself to what extent an advisor can benefit from you

Don’s part in the New York Times article on Jordan Goodman

How annuities figure in net worth.

The importance of being a discerning listener.

How to differentiate between good and bad motives.

The problem with variable annuities.

The importance of knowing how your advisor gets paid and how much.

Talking Real Money Twitter —

Financial Fysics on Amazon –

Vestory —

The Fall of ‘America’s Money Answers Man’ article —

Ron Lieber on Twitter —

Jordan Goodman —

Jordan Goodman on Twitter —

Woodbridge scheme —

Ponzi Scheme —

Charles Ponzi —

Mike Rosen on LinkedIn —

KOA News Radio —

Morgan Stanley —

Edward Jones —

The Bob Newhart Show —

Forbes Magazine —