No. of Recommendations: 0
2gifts wrote:
I don't share that opinion, and am perfectly fine with paying someone to manage my money, particularly as that person is currently doing better than I am AFTER their fees.

It's a rare financial advisor that will do better for you than just putting you money in an S&P index fund. Comparing the FA to how you do may not be the best comparison -- maybe you should stop doing what you're doing and instead do something that works better. I'm not saying this is how it is in your case, but nothing you have written precludes it.

It's not just the magnitude of the fee that bothers people; it's that rarely is anything of real value delivered for that fee.

-IGU-
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement