The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Talk me out of a Financial Advisor||Date: 6/2/2013 11:32 AM|
|Author: MurrayS||Number: 72361 of 77092|
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.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|