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DOL Fiduciary Rule and a 2017 Outlook

Cory
December 21, 2016

David Scranton, CEO and Founder of Sound Income Strategies is one of our new guests who is focused on finding income generating investments for his clients. This is our second time having David on the show. In this interview we look at the DOL fiduciary rule that comes into effect April 2017 (click here for an overview of this rule) as well as get David’s predictions for 2017.

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Discussion
15 Comments
    Dec 21, 2016 21:04 AM

    After 4 minutes into this interview I heard enough.

    First David, you want to swim in these waters be prepared to get bit.

    Another guy with a book, why am I not surprised.

    You talk about a doctor’s Hippocratic oath…financial advisors have a hypocritic oath!

    Those who can’t do, teach.
    Those who can’t teach, teach gym.

    My strong advice:

    Stay far away from all financial advisors, they know no more than the average investor.

    Do your own research and homework and own it !

    Dec 21, 2016 21:33 AM

    RTL:

    Funny thing you mention that. I wrote a book and said the same thing. But you probably stole the idea from me anyway.

    Certainly anyone listening to you has lost money. You think gold is lower than a year ago and that silver hit its low in 1999. Goes to show investors need to learn to ignore the fools.

    Dec 21, 2016 21:01 AM

    You keep screeching about how gold is in a bear market. I hate to break it to you pal but in a bear market, the commodity goes down and gold is higher than a year ago.

    You said you bought gold at $272 and silver at $4 in 1999. You are liar if you deny it. But we know you are a liar and you have been like a broken record saying the same thing again and again for months.

    When are you going away? You lied about that three times. If you noticed and I doubt you notice anything outside your belly button, no one missed you any of the three times.

    Dec 21, 2016 21:09 AM

    Back off James. With your needless insults you are way too close to the swamp yourself, if not in it.

      Dec 21, 2016 21:18 AM

      Archdeacon, even on this site JTL is up to his a$$ in alligators, like they say if you can’t see the forest you’d better stop looking at the trees. DT

        GH
        Dec 21, 2016 21:10 AM

        Funny how that works–he acts like a jerk and a constant pest for several months, and wore out his welcome.

        He’s clearly here to provoke and hear himself talk, not for any useful exchange of information.

          Dec 21, 2016 21:28 AM

          That’s right. He’s full of emotion-driven opinions, which he does NOT act on, yet he calls others hypocrites? Even worse, he calls what he does “analysis.”

          JTL is the ultimate swamp creature.

    Dec 21, 2016 21:42 AM

    A creature, ..so terrifying..

    https://m.youtube.com/watch?v=gSM7voOCkU0

      Dec 21, 2016 21:05 PM

      The Creature from Jekyll Island – An Updated on t Conversation w/ G. Edward Griffin
      FinanceAndLiberty – Jun 28, 2016

      “In this segment, Christian economist Jerry Robinson is joined once again by G. Edward Griffin to discuss his ground-breaking book, The Creature from Jekyll Island: A Second Look at the Federal Reserve.”

      https://www.youtube.com/watch?v=iPfkuvuyKqM

    DC
    Dec 21, 2016 21:02 PM

    Good interview, Cory, thanks. Sadly, any discussion on its merits have been aborted due to the unwavering and unabated diatribe of one individual.

    So, for the record, I am firmly of the opinion that JTL and any others of his ilk who show up with the obvious intent to insult, taunt, and libel others should be, without hesitation, banned permanently. The most aggregous is the tacit insult that is continually hurled at Al and you via the presumption that KEreport can be used as an unfettered platform for atrocious behavior. It’s unacceptable, imho.

    Dec 21, 2016 21:35 PM

    Well said DC. Unfortunately Al and his team seem very reluctant to take prompt action in this department. Took an absolute eternity before Bird was finally given the boot.

      DC
      Dec 21, 2016 21:59 PM

      Thanks, Andrew. And I remember the Bird saga. (sigh) I wish history didn’t have to repeat itself.