Good Investment Advice: Only For The Rich? (NAPSA)—If you think good investment advice is only for the rich, you’re not alone. Nearly twothirds (65 percent) of investing Americansbelieve that those with more moneyare able to get better financial advice than those with less money. Further, more than a quarter (26 percent) state that it takes at least $100,000 to get topquality financial advice. This is according to a new sur- vey by the Retirement Corporation of America, which also finds that more than half (56 percent) of investors believe that financial advisors lose credibility when they Investor Attitudes Investors who believe more money gets better advice 65% Investors whorely on themselves, familyor friends for investment decisions 53% Investors who believe fees/commissions create conflict of interest 56% Investors who wait from onetofive years before moving moneyoutof a poorly performing investment 31% Source: Retirement Corporation ofAmerica survey of 1,000 investors. Margin of error +/-3 percentagepoints. accept fees or commissions. first to offer unbiased advice and is not surprising that 53 percent ment funds for every American. Taking The Guesswork Out The good news for confused Given the above perceptions, it rely on themselves or turn to family and friends when it is time to make investment decisions rather than seek professional advice. However, changing investment funds is easier said than done for investors. The survey finds that nearly a third (31 percent) are willing to wait from one to five years before they move their money from a poorly performing option to a better one. The factor that makes it most difficult for investors when contemplating change is the scarcity of time to conduct adequate research, as cited by a third of respondents. This is followed by 20 percent who state that they are confused byall the available options and 16 percent who are afraid of making the wrong decisions. The Retirement Corporation of America conducted this survey to better understand why consumers stay invested in poorperforming mutual funds. Their newly launched investment opportunity—Money Masters Investment Portfolio—is the access to top-performing invest- American investors is the new reg- istered investment advisory account (the “R” Account), offered through the Retirement Corporation of America, with no minimum account balance, commissions, transaction fees or exit penalties. It allows investors to access a fully man- aged Money Masters Investment Portfolio containing 15 of the world’s top-performing mutual fund managers—the “Money Masters.” The Money Masters are the top 10 stock fund and top five bond fund managers chosen from more than 8,000 fund managers who meet very strict selection criteria. How It Works Whenan investor opens an “R” Account, Retirement Corporation of America advisors determine the individual’s objectives and risk tolerance. Based on that profile, a Money Masters Investment Portfolio is created to best suit the individual investor’s needs. To learn more, visit the Web site at Www.moneymasters.com.
