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Investing/Strategies / Retirement Investing
|Subject: Re: Talk me out of a Financial Advisor||Date: 6/1/2013 9:59 PM|
|Author: MurrayS||Number: 72346 of 76418|
First, the guy is taking 1% of your total assets each year to basically tell you what you can find out for free in literally dozens of places.
You may be right, but we'll see what kind of products he has available for a higher net worth portfolio that I can't get through Vanguard.
Second, he takes this money and then consistently underperforms the market.
Actually, his 10 year average return beat the S&P by a full percent...after fees...with less volatility. I'll ask again, if he can beat the market after fees, doesn't it make sense?
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