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Portfolio > ETFs > Broad Market

Politically Correct

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I recently got an e-mail from a reader that warrants further comment. Apparently, he took issue with a small comment in my April column about how advisors can prosper in the current bear market. I’ll let him speak for himself: “I was rather shocked and dismayed to read the leader on the Fast Track column… I’m not sure what you were alluding to with your “Bush Bull Market” comment. Maybe and hopefully it was a satirical spin on the current administration’s insane economic and foreign policies that are leading this country into the worst economic crisis this country has seen since the Great Depression.”

I’m not commenting on his politics here. That’s not my job. I’m not a political writer; I’m a business consultant to independent advisors who writes a column to help them run their practices more successfully. But I am concerned with the current trend in our self-indulgent society that seems to encourage people to let their political beliefs cloud their view of reality, especially when it spills over into their financial advice.


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