Podcast Number 10- Who Speaks For Self-Directed Investors

Send us Fan Mail Today's podcast was initiated by an arrogant investment advisor who wrote an article that denigrated self-directed investors. i suspect that since he only has relationships with investors who invest through investment advisors that he has little understanding of self-directed investors. I responded to his comments with an article that listed the problem the investment industry has with investment advisors without authorization helping themselves to their client's money. Every day I receive reports on these thefts of investment money.. The investment industry largely self-regulates itself. There are problems with this. To me there should be an objective third party that investors can file their complaints against investment advisors with, However, real protection would only come when the public becomes financially literate and understand how the investment industry works. They need to understand that for maximum safety they can easily establish themselves as self-directed investors where no one touches their money but them. Ultimately, I would like to see self-directed investment courses taught at the high school level to prepare students for future investing. While I have many investment topics I am interested in, what is more important is what investment topics interest you. Please do not hesitate in sending an email to [email protected] with your suggestions. Ian Duncan MacDonald Ian Duncan MacDonald Author and Commercial Risk Consultant, President of Informus Inc 2 Vista Humber Drive Toronto, Ontario Canada, M9P 3R7 Toronto Telephone - 416-245-4994 [email protected]