“I’ll just pay someone to manage my money”
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It’s one thing to pay people to wash your car and mow your lawn. But paying to have your money managed exposes you to a field rife with people who make money off commissions, not off your success. Plus, you adopt a hands-off approach that’s just dumb when it comes to your own money. Oh yeah, and it costs tens of thousands of dollars (or more) over the lifetime of a typical investment.
It’s not that hard: Sensible buy-and-hold investing means you win. Learn about it.
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See Part 1 of this series.
If you follow along with my work, you've probably heard me mention the mysterious things that go on behind the ...Read More