Secyh62
August 16, 2018, 12:49pm
#41
uca:
Institutional is different, I manage billions too but it’s institutional money. The individual stuff I can’t relate to and it makes me feel poor. Some of the case studies involve people who want to leave millions to their university or some charity and here i am trying to built up my cash reserve after I bought my condo. There’s that case in the text with the old dude who marries a much younger woman and now needs to pay for her kid’s education. I just find that case very inappropriate to include as part of the curriculum. It is depressing to read about all these people who have millions that I doubt I will ever have.
Unless your last name is Bezos, there will always be someone with more money than you. Older man marries younger woman and pays for kids is a pretty realistic scenario that an FA would probably encounter.