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Al Bundy, played by Ed O’Neil, was one of the main characters in the TV show Married…with Children. Some of the words you could use to describe his character would be: crude, Neanderthalish, beer loving, TV watching, stereo-typical guy. He was terrible at being politically correct but what he was born for was telling stories and having a great time.
I’ve known several “Al Bundys” over the years. They’re fun to have at parties or socialize with but I wouldn’t want them managing my money.
“Four touchdowns in a single game”
Whenever Al Bundy wanted to impress somebody he would use this phrase, “One time in high school I scored four touchdowns in a single game!”
If your broker constantly brings up the one trade that worked out well in the past or the one stock or fund out of your entire account that is showing a profit without mentioning the many bad ideas they gave you then you may be working with an “Al Bundy”.
“A fat woman came into the show store today…”
Al worked as a shoe salesman in a woman shoe store but would only attempt to help the customer if he thought she was attractive. Do you feel because your account is not as attractive to your broker as other accounts, that you are given subpar service? If so, you may be working with an “Al Bundy.”
“It’s only a game if you win but if you lose it’s a stinking waste of time.”
Do you ever feel questions you bring up or trade ideas you bring to the table are quickly and easily discarded in favor of your broker’s ideas? If so, you may be dealing with an “Al Bundy” broker.
“I’m going to give this gift to the person I love the most…me!”
I’ve heard the saying that in every trade made by a stock broker, at least two of the three parties (the stock broker and his or her employer) will definitely make money while the third person (the customer) may or may not earn a profit. If you feel your broker is making more on your money than you are, than you may be working with an “Al Bundy”?
“If you need me I’ll be at the nudie bar.”
Do you feel your broker spends more time on their golf swing or on their tan than watching your account? Is so, you may be working with an “Al Bundy.”
