Question:
he is an accounting major and im a psych major, but he wants me to do it to rule out bias. Can anybody give me pointers on what to ask? Also, what should i look for in the proposal to be able to make the decision?
Answer:
Your fiance's "banker friend" should be compensated for both his time and advise, "financial planners" charge for their services.
The ticker symbol is SLF. Looking at the competitors on Yahoo! Finance, however, Hartford Financial Services Group Inc (HIG) has better statistics, I'd say go with them.
When you compare two companies, you need to look at a number of factors, the earnings growth, profit margin, Return on Assets/Equity, the dividend yield if you want income from it, etc.
A stock screener can make that easier, you can screen stocks within a selected industry to find companies that meet your criteria.
More Questions & Answers...
Is there an employment "conflict of interest" policy for accounting firms?
Can I buy my stock options with money from a roth IRA account?
Should a young couple save money in retirement accounts or stock money in an emergency fund.?
Are there any online brokers that open accounts for non-US residents/citizens?
What are tax implecations for selling Stocks which are given by company as ESOPs via demat account.?
Do I get any tax savings by doing all my investments through an S corporation vs personal account?
Financial institution or not? When to dump?
Please help was i wrong to turn down my bf of 4yrs when he asked me to pay off his debt of 25k?