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Old 10-10-2013, 04:03 PM
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Originally Posted by Unregistered View Post
The successful ones will retire in their 40s and then they manage their own investments. The not so good ones still slogging hard in their 50s. These are not good investors but they are the sales types. They know how to smooth talk but they are hopeless in their personal investments. If you want to know the real solid investment gurus, they are the ones who retire early.
Most of them invest in properties, like my friends in IB. But not financial products/stocks... They are not allowed to or have constraints doing it. May be because they know their own products are terrible. Share wise, most of them are very good in telling theories, TA, FA, long term investment... but none of them make it there (at least 10 folds return in life time), and yes, good sales ppl (more to desperate sales ppl with no sales skills at all) see how they approach ppl for banking products. More of forcing ppl to buy by grouping up and not allow you to go until you sign.. these are the ppl who are only good at memorising text books, and lucky cos the industry is very profitable. Unlike in the past, technology era, ppl really contribute their knowledge and skills. Bankers are more on selling with all hidden T&C which they would never tell you until you sign.. Even those who retired early, they wealth are from salary, bonus and their property.. Not many of them really roll their capital with good investment.. But when come to talking, about high dividend stock... they are expert, typical can talk cannot do ppl..

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