Teacher

I had the opportunity to catch several hours of Dave Ramsey's radio program this week over the internet. Hotel rooms have lousy AM radio reception.

Dave remarked that one criteria he has for a financial planner/adviser is the heart of a teacher. He warns against those who are salespersons.

I concur. A salesman is focused on closing the deal while a teacher explains.

A teacher helps you understand and articulate your financial goals, helps you realize and communicate your risk tolerances, and wants you to comprehend the investment tools he/she suggests.

Dave Ramsey has been rich and he has been through bankruptcy. He has the heart of a teacher. If you get the opportunity, give him a few minutes of listening time.

I caught him on AM 1270 out of Cartersville GA. He's also on XM Radio, also in the afternoon.

Don't get sold something you do not fully understand. As caring as another person can seem, you are the only one fully vested in your $. No one cares more about your financial future than you.

'til later