This article is okay mostly--with one glaring exception. The Financial Advisor author assumes that all of us will be in mutual funds! Putting your investment dollars in mutual funds is like saying, "Sure, I'll take less return on my money." Mutual funds have expenses (about 1%-2%) they have trading costs, they have plush offices and employees that must be paid, some are front-loaded, some are back-loaded, some are both front and back-loaded. Add up all these costs that are charged to you over 20 years and you will discover that you have paid tens of thousands of dollars to have people you do not even know take care of your money. Advisor Mcintrye surely makes a juicy commission when she puts you in a mutual fund. Few people really need a financial advisor. They make money off you whether they make money for you or not. Your first grade teacher taught you all you need to know in order to prudently invest--she taught you to read! That's all you need to know. Two things I hate (1) Fishing in the rain, (2) paying someone else to take care of my money. —WES
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