“I’ll just pay someone to manage my money”
22 Comments- Get free updates of new posts here
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.
To post this on your blog, MySpace, etc:
See Part 1 of this series.