East Brunswick, N.J. (June 4, 2003) -- There’s only one rule when it comes to investing and financial planning -- at least according to CPA firm Mendlowitz Weitsen, based here.
The firm recently put out the “Investing and Financial Planning Rule Book,” -- a 58-page book with only one rule and 50 blank pages. “If you don’t understand the advice, assume the person telling it to you is wrong. Don’t assume that because it is complicated and a specialty you do not have, that the advisor is correct,” the guide advises. “Never be embarrassed to say you don’t understand. If you don’t understand something about your finances, most likely it is the wrong thing for you to do.”
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access