Personal and Family Planning with Cap Averill II and Associates

Cap Averill II

A NOTE FROM CAP-

Our clients do not complain about our track record. We simply do our level best to keep appraised of the most prevalent factors acting on the economy at any given time. Ben Bernacki's testimony is not a very inspiring read, but it provides warning signs for those with a decent basic fundemental understanding of economics.

It is my belief that the United States needs to make a Financial Literacy test mandatory for all people. Educational materials for the test should be free, but being able to pass the test should be made mandatory to be allowed to vote. How can he be expected to understand the gigantic economic issues and what types of leaders will be the best for our country when the majority of us are financially illiterate.

It is also my opinion that there should be a law created that states that investment brokers are not allowed to make money from investing for a client in years that the broker loses money for that client. I am not exactly sure who made it legal and proper for a broker to charge a client fees for losing their money, but I am not for this. I believe that stock market corrections are inevitable, but imagine, if your broker was not going to get paid if he had you invested in volatile investments in a year when the market was likely to correct, he would have a greater incentive to protect your assets as well as he did his own. If an advisor was not savvy enough to budget his own finances to live through a year of not being paid because of a market corrections effect on his clientele's portfolios, he should probably not be an advisor in the first place. If an advisor had invested people into investments which were so inflexible he was unable to have moved them out of those investments after the first few months of a multiple year recession, again, does he deserve to be paid for losing his client's money? I think not. I mean, in complete seriousness, I think we are all able to lose money by ourselves, simply walk out in the street and throw it in the air. Or go to Vegas, at least you could have a little bit of fun doing so at any rate, we don't need to be paying someone to lose it for us.

It is really a problem, when you look at the drop in the savings rates nationally, and the faltering social retirement plans. It's like paying the plumber to break your sink. That is why we listen to the economic policymakers. "If were all in the same bus, it makes sense to listen to the driver about the road conditions and where we are going" "All I can say is that we do not assume that we will always be right in reading the signs and signals of the fickle economy. I am saying that I will put our track record up against anyone's."

Call us or stop by. We do business in most states.

Personal and Family Planning with Cap Averill II and Associates

Our clients do not complain about our track record. We simply do our level best to keep appraised of the most prevalent factors acting on the economy at any given time. Ben Bernacki's testimony is not a very inspiring read, but it provides warning signs for those with a decent basic fundemental understanding of economics.

It is my belief that the United States needs to make a Financial Literacy test mandatory for all people. Educational materials for the test should be free, but being able to pass the test should be made mandatory to be allowed to vote. How can he be expected to understand the gigantic economic issues and what types of leaders will be the best for our country when the majority of us are financially illiterate.

It is also my opinion that there should be a law created that states that investment brokers are not allowed to make money from investing for a client in years that the broker loses money for that client. I am not exactly sure who made it legal and proper for a broker to charge a client fees for losing their money, but I am not for this. I believe that stock market corrections are inevitable, but imagine, if your broker was not going to get paid if he had you invested in volatile investments in a year when the market was likely to correct, he would have a greater incentive to protect your assets as well as he did his own. If an advisor was not savvy enough to budget his own finances to live through a year of not being paid because of a market corrections effect on his clientele's portfolios, he should probably not be an advisor in the first place. If an advisor had invested people into investments which were so inflexible he was unable to have moved them out of those investments after the first few months of a multiple year recession, again, does he deserve to be paid for losing his client's money? I think not. I mean, in complete seriousness, I think we are all able to lose money by ourselves, simply walk out in the street and throw it in the air. Or go to Vegas, at least you could have a little bit of fun doing so at any rate, we don't need to be paying someone to lose it for us.

It is really a problem, when you look at the drop in the savings rates nationally, and the faltering social retirement plans. It's like paying the plumber to break your sink. That is why we listen to the economic policymakers. "If were all in the same bus, it makes sense to listen to the driver about the road conditions and where we are going" "All I can say is that we do not assume that we will always be right in reading the signs and signals of the fickle economy. I am saying that I will put our track record up against anyone's."

Call us or stop by. We do business in most states.

Cap Averill II

A NOTE FROM CAP-

We have experienced a rash of new clients in the past few years who are telling us that they have literally been told by their brokers that they do not have enough money to be of interest to the brokerage firm. Most of them are directed to eight hundred numbers to service their accounts and are charged new service fees on their accounts.

One gentleman recently at our office called to change his investment subaccount which was losing money and the recording on the 800 number told him he either needed to enter the special pin number (which he did not have as it had never been created), or tell them the name of his first pet. Exasperated, he told the computer over the telephone, "But I never had a pet".

We all laughed together about this, but in principle it makes me profoundly sad. These companies should not be required to provide the same level of service that they promised when the investments were sold to everyone, regardless of the size of their accounts.

Please know that if you were to invest with us, you would be dealing with human beings. I am disappointed by how many clients we talk to these days tell us that they are not cared for by their broker, or investment counselor. Your investment dollar is too important to entrust it to a person who doesn't care

Nearly every single person who has come to see us recently has told us about the promises and pretty stories which they were told when their accounts were sold to them, but after the recession/depression began, they did not even receive so much as a phone call.

I don't know what is more sad, the people who had multi millions and lost over half, or the people who had just a few thousand and lost over half. If you are the millionaire, or the person just starting out, or if you have lost a ton, and just don't know what to do, stop by and say hi. It will cost you nothing. Who knows, maybe we can help you.

Cap

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We have experienced a rash of new clients in the past few years who are telling us that they have literally been told by their brokers that they do not have enough money to be of interest to the brokerage firm. Most of them are directed to eight hundred numbers to service their accounts and are charged new service fees on their accounts.

One gentleman recently at our office called to change his investment subaccount which was losing money and the recording on the 800 number told him he either needed to enter the special pin number (which he did not have as it had never been created), or tell them the name of his first pet. Exasperated, he told the computer over the telephone, "But I never had a pet".

We all laughed together about this, but in principle it makes me profoundly sad. These companies should not be required to provide the same level of service that they promised when the investments were sold to everyone, regardless of the size of their accounts.

Please know that if you were to invest with us, you would be dealing with human beings. I am disappointed by how many clients we talk to these days tell us that they are not cared for by their broker, or investment counselor. Your investment dollar is too important to entrust it to a person who doesn't care

Nearly every single person who has come to see us recently has told us about the promises and pretty stories which they were told when their accounts were sold to them, but after the recession/depression began, they did not even receive so much as a phone call.

I don't know what is more sad, the people who had multi millions and lost over half, or the people who had just a few thousand and lost over half. If you are the millionaire, or the person just starting out, or if you have lost a ton, and just don't know what to do, stop by and say hi. It will cost you nothing. Who knows, maybe we can help you.