It comes from the same books and training they have been taught by their mentors that subscribed to the same ideas. Some ideas aren't bad and have been proven worth doing for financial security like having an insurance or investing in your own financial education. I keep an open mind about their advices but I also cross check ideas whether they are applicable in the modern world.
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Their work is certainly not something to be thrown away, @adamada. However, they need to review their teaching strategies.
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Indeed, most are really just sales agents introducing an investment vehicle rather than out to serve your best interests. That's my experience with financial advisors and notable economists in my area at least.
Complicated information that needs to be disseminated evolves faster than the strategies that could dumb down the ideas for most people to get it. I still struggle with the basic economic concepts and other financial jargon on myself study.
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