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URL:  http://boards.fool.com/also-hell-need-to-demonstrate-a-far-deeper-30717836.aspx

Subject:  Re: Talk me out of a Financial Advisor Date:  6/4/2013  10:21 AM
Author:  AngelMay Number:  72423 of 75697

Also, he'll need to demonstrate a far deeper knowledge of investing than I have. I'll agree with others that he isn't worth it if he's merely screening mutual funds for me.

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But, seriously, how will you know if he has deeper knowledge than you have? If your own knowledge is scant, he could just be double-talking you and you would never know it.

If you just HAVE to have a financial advisor, at least get one that is fee-based and doesn't take a percentage (which encourages churning).

The smartest thing to do, IMO, is to put the money in some good no-load mutual funds......and....if you just have to play in the market, keep a little aside at a discount broker fr that purpose.

JMO, of course.

AM
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