Comments on: How to Replace Your Financial Advisor http://amateurassetallocator.com/2010/03/25/how-to-replace-your-financial-advisor/ Amateur Asset Allocator Tue, 22 May 2012 02:58:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Robert Wasilewski http://amateurassetallocator.com/2010/03/25/how-to-replace-your-financial-advisor/comment-page-1/#comment-8094 Robert Wasilewski Sat, 27 Mar 2010 13:20:56 +0000 http://amateurassetallocator.com/?p=4203#comment-8094 Good advice. I would suggest that even if your advisor has gotten good performance that you seek an objective appraisal of their approach. They may be taking excessive risk with your money. Today with low cost index mutual funds and low cost exchange traded funds it is very easy for individuals to manage their own money. Furthermore they will save a boatload of investment management fees in the process. And there are easy to read, straightforward books and blogs that explain how. Sadly, many people give up when they see how much it costs to have their money professionally or they run in the opposite direction after hearing a jargon filled explanation of how to invest in their company 401(k). Good advice. I would suggest that even if your advisor has gotten good performance that you seek an objective appraisal of their approach. They may be taking excessive risk with your money.
Today with low cost index mutual funds and low cost exchange traded funds it is very easy for individuals to manage their own money. Furthermore they will save a boatload of investment management fees in the process. And there are easy to read, straightforward books and blogs that explain how.
Sadly, many people give up when they see how much it costs to have their money professionally or they run in the opposite direction after hearing a jargon filled explanation of how to invest in their company 401(k).

]]> By: Irina Ross http://amateurassetallocator.com/2010/03/25/how-to-replace-your-financial-advisor/comment-page-1/#comment-8066 Irina Ross Fri, 26 Mar 2010 05:03:31 +0000 http://amateurassetallocator.com/?p=4203#comment-8066 I would suggest checking a new service called www.peoplesfinancialadvisor.com which is very relevant online financial planning offering. They offer free assessment of your financial situation (regardless your income level) and a full comprehensive financial plan for $99. The report I got was extremely valuable - worth every dollar invested. I would suggest checking a new service called http://www.peoplesfinancialadvisor.com which is very relevant online financial planning offering.

They offer free assessment of your financial situation (regardless your income level) and a full comprehensive financial plan for $99. The report I got was extremely valuable – worth every dollar invested.

]]> By: Daddy Paul http://amateurassetallocator.com/2010/03/25/how-to-replace-your-financial-advisor/comment-page-1/#comment-8064 Daddy Paul Fri, 26 Mar 2010 02:14:01 +0000 http://amateurassetallocator.com/?p=4203#comment-8064 "if you are losing money with your financial advisor, consider replacing him with yourself. You’d be amazed how motivated you become in learning about your finances and how to protect and increase your money." I think you are too kind to the advisor. By learning how to invest most people can smoke what they can do with an advisor. “if you are losing money with your financial advisor, consider replacing him with yourself. You’d be amazed how motivated you become in learning about your finances and how to protect and increase your money.”
I think you are too kind to the advisor. By learning how to invest most people can smoke what they can do with an advisor.

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