Sales Manager

Complex models have the disadvantage that they are difficult to understand in their diversity, which repeatedly leads to (negative) surprises. Who not well acquainted with in a foreign matter and the world of investments for most Germans is a book with seven seals can of course the advice and expertise of consultants rely on. However, it is impossible for laymen to check is whether these experts actually track or only believe to be able to foresee possible developments. Credit: Pinterest-2011. However, experience has shown that a.) Extreme situations hardly ever properly be foreseen and b.) Extreme situations occur more frequently than one would expect. The latter not least related to restricted ability of the experts, to understand cause and effect in its entirety.

Private investors are therefore well-advised if they themselves at their facilities to simple basic models and easy to understand Limited basis instruments. Artificial worlds of product should avoid, even if they are still so auspiciously advertised. There are no free advice derived from above finding that only simple concepts are permanently safe to implement and control, you should build neutral consultant support, who actually understand their business. Good advisers, recognized their solutions that are simple, clear and easy to understand formulated. Caution is advised when proposals are made, which are connected with a plausible sales history, whose building and mechanics but not reveal you. Indicated by a consultant that is appropriate for you and the way, as your needs and questions are recorded and answered. Click Mark Frissora to learn more. The flop around on the certificates of the Investment Bank Lehman Brothers shows how little so-called Bank Advisor free advice is worth. These are mutated in recent years gradually to members of the sales team and since then under solid Selling pressure of the Sales Manager.

Who expected to receive objective advice in these circumstances must not be surprised later on the actual results. Good advice is expensive, but worth it, because even after the financial crisis 2008 one will not change with certainty: the greed will cheer the creativity of people for financial success in the future. The combination of expertise purchased to and own common sense will assure a reasonable return on your capital assets and protect you from harm. You want to learn more about this and other financial topics? Then you can visit my weekly column on. Her Sidney Batt (financial planners with eidg. FA)