When Should I Hire a Financial Advisor? financial advice

When Should I Hire a Financial Advisor?  financial advice



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When Should I Hire a Financial Advisor?

When Should I Hire a Financial Advisor?

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When Should I Hire a Financial Advisor?
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39 thoughts on “When Should I Hire a Financial Advisor? financial advice”

  1. So let’s say I have money in a trust and this trust give me an advisor but he don’t really team me nothing .. now I wanna be able to invest my money with out the trust being involved how can I go about that ?

  2. Smart about not trusting a advisor ,do a complete back ground and do your own research on this person and general info on investing .

  3. I would invest in Index tracking ETFs / MFs + FI + Real Estate. May put in some into Momentum based ETFs + Value-based ETFs.

    And I would learn finance myself. Won't invest in stocks if I am not ready to follow the companies closely regularly.

  4. This can be frustrating, as an advisor our job is to educate and give options. That’s the bottom line, being sales oriented and not putting the exact interest of the client first ruins people view of this profession

  5. When should you hire a financial adviser? When your too stupid to do your own research, and your ready to pay a fee for lazy sht. It’s not rocket science. search the underlying holdings of each mutual fund, or ETF, or any good stock and pick that one that has been going in the right direction for years.

  6. I just opened a Roth on Friday with my friend from college and he is a fiduciary. Index funds and ETFs is what he is putting my money in and he is getting about 10% return on average right now with his other clients.

  7. Yikes, everyone here has such negative opinions of financial advisors. So glad my dad is one and I trust him to give me good advice but let me make my own decision.

  8. This is why Multiculturalism doesn't work. Dude should go back to India and help his own people. Can't barely understand him. Smh

  9. Financial "advisors" are salesmen. While they might have a fiduciary duty to you, they have their own agenda which by design is against yours. Personally I have my modest investments spread across various types: some mutual funds, some in bonds, some single stocks & ETFs and some in a robo-advisor accounts… and honestly the money I have in the robo-advisor accounts bring me the biggest piece of mind. That's what I would recommend to most of my friends and family looking to put their savings in an investment vehicle.

  10. So Ramsey says you shouldn’t trust your financial advisor. Interesting advice. Trust radio hucksters though. So if a client should use an options strategy to limit their downside or increase their income a client shouldn’t do it at their advisors request because they don’t understand it? Really? So as a patient of this doctor I should understand the organic chem and biology and whatever else he or she learned in med school before I let them do advise me? Righttttt. How about you get educated enough to be able to trust your advisors so that you can focus on what you do best and they can help you along the way? And only use fee based advisors and know what your fee is. Very simple.

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