The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Talk me out of a Financial Advisor||Date: 6/2/2013 3:46 PM|
|Author: MurrayS||Number: 72369 of 76615|
Minimizing what you lose to fees & expenses also improves the SWR.
Stocks and bonds go up and down in value, but the money you lose to fees and commissions is gone forever.
I don't disagree, but if portfolio A has an average return of 7% with X volatility and portfolio B has a 7.5% return (after fees) with X-1 volatility, which will have a higher SWR?
Maybe this guy is a charlatan and I'll do my due diligence to figure that out up front, but, again, it's hard for me to believe that it's not possible to find an advisor who can't do a better job of investing than me after expenses. I can believe it's hard to find such an advisor, but not impossible.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|