I've been helping some people manage their investment portfolios... After many years of doing things for free, I finally switched into doing it on a fee based model. A few of these people decided to jump ship to another adviser. I was given verbal promises that they will continue to use my services but I thought wrong. I guess I have only myself to blame. Not everyone will reciprocate or appreciate what you have done. If I wish to help, I should not expect anything in return. Otherwise I should just reject helping the person. It's no use helping for years in the unspoken understanding that loyalty and reciprocity is earned.
Being a trader aka analyst in the finance markets for years....everytime a friend ask me for a tip / market direction...i either answer "do yr f**king homework" or "50% go up 50% go down"... it never pays to give advice even to yr friends/relatives...cause if the recommendation goes well, u dun get a single cent but if it goes bad, u will be blamed.
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