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Ep. 162: Tim Dyer Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Generate 5% for a Client

When I started the business in 1998 at a business school, money market was 5%. And you can put your money in cash and get that. So let's just say that, you know, that million dollar client needs that 5%. The broker is faced with this dilemma. You're telling somebody $45,000 or $45, both of those fall under a suitability criteria for a brokerage perspective.

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