Sacred Cow #7 It's All About Increasing Rates of Return

Kevin Condon and Jon Hokama of http://OnlineAdvisorCentral.com together slay one of the sacred cows of the financial planning industry. A sacred cow is an object that is accorded sincere reverence but is also considered immune from question or criticism.
There are many sacred cows in financial advice arena and we are taking them down one at a time in the interest of creating more space for innovation and success in today's modern world.

THIS WEEK: Is it possible that retirement income doesn't just come from high returns on investment, but actually from cash flow management that creates the opportunity for savings! What a concept! So, the cow that is slain here is the "it's all about investment performance" cow. This cow was then "put down" gently and humanely with two simultaneous sword strokes.

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