“I’ll just pay someone to manage my money”
July 27th, 2006 - 22 Comments
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.
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