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64% of US Millionaires Say They Got Bad Advice

January 10th, 2009 by Ian

Only 36% of U.S. Millionaires believed they got good advice from their advisors during the “global recession”.

If they cannot afford to get good advice, then what is the chance of everyone else getting good advice from their advisors?

Maybe these U.S. Millionaires need to take responsibility for their own investments? Maybe we all do???

See this interesting post …

http://www.ritholtz.com/blog/2009/01/millionaires-say-they-were-failed-by-advisers-in-crisis/

I like the Chinese proverb quoted … “He who blames others has a long way to go on his journey. He who blames himself is halfway there. He who blames no one has arrived.”

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