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Subject:  Re: Talk me out of a Financial Advisor Date:  6/2/2013  11:32 AM
Author:  MurrayS Number:  72361 of 88814

But, suppose this guy *is* truly superior. Great. You invest with him and he does well for you for 5-10 years. And then he gets bored, or gets hit by a bus. Now you find your money is invested in a bunch of stocks & funds that you know nothing about, and you have no idea why you own them, other than Fred decided to buy them for you.
Now what do you do?

Simple, pull my money out of those funds and invest in whatever manner I see fit at the time.

I guess I'm having trouble accepting the prevailing wisdom here that ALL FAs are bad.

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