In this episode, we answer burning questions from our viewers. We got a ton of e-mails asking about financial advisors. Pam explains how to select a trustworthy one and how he or she should help you make better investment decisions.
What happened to ethics on Wall Street? John Bogle, an investing legend who created index mutual funds, gives his take on the future of the stock market and Corporate America.
Individual stocks or mutual funds: What would Warren Buffett do? Mary Buffett, author of Buffettology and Warren’s former daughter-in-law, gives details about the billionaire’s favorite investing strategy.
Ethical behavior and financial advisors play big roles in this episode’s Scam Alert. Frederick Barton played the role of a credentialed advisor to a lonely, 90-year-old Alzheimer’s patient in Atlanta who considered him as a friend. For five years, he gained her trust and used her life savings, $1.3 million, to fund his own lifestyle. Barton was finally caught but not before he gutted the estate, leaving her with less than $100 in the bank.
