The Top Celebrity Financial Advisers
Financial Adviser Celebrities - Who to Listen to?
You can't turn on the television without hearing financial advice from at least one well known financial adviser. A consumer can often be left unsure of where to turn for legitimate financial advice with so many well known options. Many people want to find the one celebrity financial adviser to listen to. They want to ensure that adviser has the best advice and track record. Unfortunately, it is not quite that simple. The financial adviser celebrities are celebrities because they have good, sound, financial advice. However, it is important to realize that not all financial advisers are talking to all audiences. The key to determine which financial adviser's advice to follow is to determine which financial adviser caters to your specific situation.
Suze Orman Advice, Pay Yourself First
Suze Orman is one of the best known celebrity financial advisers. Much of her fame has come from the multiple New York Times bestselling books that she has written and television shows she has appeared on. She is incredibly charismatic and easy to listen to, though she is quite blunt in her delivery of advise. However, her financial advice has been questioned by a variety of other financial advisers. Her background, history, and portfolio suggest that she is not well equipped to offer advice on complex financial planning. However, she has proven to have outstanding advice about general financial topics and credit. Therefore, someone just starting out, such as a college student or someone starting a first career, would be wise to listen to and take heed to the advise offered by Suze Orman. However, someone mid career looking to save for retirement should look around for other financial advice. Suze Orman best advice is to pay yourself first.
Jim Cramer Trader Advice
On the other hand, Jim Cramer, the host of Mad Money, serves a very different demographic than Suze Orman. Jim Cramer helped Steve Brill launch American Lawyer Magazine, is a former hedge fund owner, and the founder and Senior Partner of Cramer Berkowitz. Jim Cramer has a wealth of knowledge on big business and how to financially plan for success in the future. However, he seems to have a difficult time breaking down the big picture for someone just starting out, such someone pursuing a first career with no assets and no savings. Although, the advice of Jim Cramer is excellent for people that are looking to start a new business, plan for retirement, or pursue financial investing.Jim Cramer trader advice is the best hands down.
Before you decide who to listen to when it comes to financial advice, you should first determine what your personal financial goals are. If you know what your financial goals are you will very likely be able to spot a reasonable and intelligent financial adviser that is providing you with applicable financial advice for your particular situation. Listen to a variety of financial advisers if you want to get a feel for overall financial wellness, though do be sure to check into the reputation of your sources. Only take the advice of a financial adviser, celebrity or otherwise, that has a positive track record of financial success and providing meaningful advice.
