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Author: rkmacdonald Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79108  
Subject: Re: Your experience: professional financial plan Date: 1/5/2002 12:43 AM
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Author: AliFool Date: 1/4/02 4:45 PM Number: 33097
I would like to get feedback from people who use professional financial advisors. What is the value that you personally derive from a professionally created or managed financial plan? We are contemplating going this route, but balking at the potential initial $1K-$2K outlay.

I did that, and afterwards found that by reading a few great books and reading numerous posts and articles here at the Fool (especially the Retire Early Home Page board and the Retirement area), I could make just as good a plan on my own.

IOW, I wasted my $1.5K!! I no longer use a financial planner!!

If you don't feel comfortable making your own plan, even after reading all the great recommended books and the posts and articles here on the Fool, then you might consider joining an investment club. They will usually have members who can help you make a plan (for free).

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