Transcript

Every investment comes with risk. Are you making informed financial decisions? · Winning With Winans!

speaker-0: Well, there is a term out there. It's actually a legal term. It's called a fiduciary. And the reason we have that term written in the laws, it lit it literally tells me where mine or any anybody in my field loyalties lie. I must do what is right for the client first. If I i in other words, even if the client's gonna do something crazy, and if I'm not comfortable with it, I'm supposed to walk. That's how serious this law is, because we've had too many times. Where there have been divided loyalties and things don't happen. I I would also say this too. I I mean, mo people don't like getting involved in other people's business. You know, it's like the don't piddle in my pond type thing. What I mean by that is this. you there needs to be a fine line of where you have your advisors come in. So, because many times I've felt uncomfortable where I've been dragged into the middle of a family thing that went on decades before I was ever even involved in the process. And it actually puts me in a very uncomfortable spot. So yeah, there needs to be a fine line about where it's family and friends and it's professional and your advisors. And that and you'll learn how to do that in time.