Justifying the cost of advice

GOSLING'S GROUSE

A mate rang me recently and said: "What do you think of Midas Capital?" "Cracking outfit. Why?" I s...

A mate rang me recently and said: "What do you think of Midas Capital?" "Cracking outfit. Why?" I said. "Well, I've been looking for somewhere to put my mother's money and Midas looks like the best option." "Can't go wrong," said I. "How much are you investing?" "One hundred grand. I just want to put it somewhere and let an adviser friend keep an eye on it for her. There's only one problem," he said. "What's that?" "The adviser wants £6,000 for doing the deal for her - and he's a mate." With friends like that...