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Author: 2gifts Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76419  
Subject: Re: The Millionaire Twins Next Door Date: 11/24/2013 11:41 AM
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With that kind of wealth accumulation from an insurance agent, Robert must have handled her account without commission.

I see no reason to be snarky here. What difference does it make if he made a commission or not as she still ended up with $6 million, so didn't seem to suffer from possibly paying a commission. I also note that she ended up with more money than he did, as he had just under $4 million when he died.

And it doesn't say if he managed her money as part of his job as an insurance agent. He could have just as easily had Power of Attorney on her account, similar to what I have on DH's accounts and my kids' accounts, and just managed it well for his twin. Perhaps he even had the stocks and bonds held at a brokerage, in which case the broker was the one making commissions.

I think their story is wonderful, and I'm disappointed that you have let your bias against those who make commissions in the financial world get in the way of noting that.
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