Comments on: Got $10M? Seattle Chapter of Tiger 21 May Be For You (Part 1) http://www.xconomy.com/seattle/2008/12/12/got-10m-seattle-chapter-of-tiger-21-may-be-for-you-part-1/ Business + Technology in the Exponential Economy Sat, 11 Feb 2012 03:54:18 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: mike mccarthy http://www.xconomy.com/seattle/2008/12/12/got-10m-seattle-chapter-of-tiger-21-may-be-for-you-part-1/comment-page-1/#comment-85342 mike mccarthy Sun, 04 Oct 2009 21:03:07 +0000 http://www.xconomy.com/?p=6893#comment-85342 I was a member of the NYC group and found it to be of little investment help to me. The members are mostly wealthy people looking for investment advice. Getting 12 members with similar questions together isn't any kind of solution to their needs. Its 12 guys keeping each other company on the titanic. The "portfolio defense" was of some value to me to help me review my own total holdings and asset allocation. But I found I got precious little credible feedback from the other members in my group. Remember they are there looking for investment advice I was. The one meaningful thing i took away from the few meetings I attended was, that what asset mix and portfolio allocation that is right for each person is so specific to the individual, and that nobody but that individual can decide whats is right for them. Further, I came to the conclusion that my portfolio was fine as it was, and that any doubt I might have had as to its appropriateness for me, was gone. Save your $30,000 and trust your self and your investment advisors.............. I was a member of the NYC group and found it to be of little investment help to me. The members are mostly wealthy people looking for investment advice. Getting 12 members with similar questions together isn’t any kind of solution to their needs. Its 12 guys keeping each other company on the titanic. The “portfolio defense” was of some value to me to help me review my own total holdings and asset allocation. But I found I got precious little credible feedback from the other members in my group. Remember they are there looking for investment advice I was.

The one meaningful thing i took away from the few meetings I attended was, that what asset mix and portfolio allocation that is right for each person is so specific to the individual, and that nobody but that individual can decide whats is right for them. Further, I came to the conclusion that my portfolio was fine as it was, and that any doubt I might have had as to its appropriateness for me, was gone. Save your $30,000 and trust your self and your investment advisors…………..

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