Financial professionals have their own biases. It's also how they're paid. If you go to a registered investment advisor who gets paid 1% a year to manage a portfolio, guess what? The solution is going to be pretty portfolio-based. On the other hand, if you go to an insurance agent who makes money by getting commissions by selling insurance products, that strategy is going to lean heavily on annuities and life insurance. So part of this is also finding a financial professional that links up with your retirement preferences.
Amazon can expect $13 billion in Prime Day sales, but what does that mean for a $1.3 trillion company?
(00:21) Ricky Mulvey and Jason Moser discuss: - The services that Amazon wants shoppers to notice. - If Prime Day is an economic bellwether. - Bank of America’s fine from the Consumer Financial Protection Bureau.
Plus, (13:31) Robert Brokamp interviews Wade Pfau, author of the recently updated “Retirement Planning Guidebook”, on how to find a retirement spending style.
Companies discussed: AMZN, BAC
Pullback stocks report: https://www.fool.com/pullback
Host: Ricky Mulvey Guests: Jason Moser, Robert Brokamp, Wade Pfau Engineers: Dan Boyd, Rick Engdahl
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