While I see your point, the responses in this thread show it was worthwhile for him to post here. I will reiterate what others are saying:I can't figure this out for the life of me. If I were paying someone for advice, I wouldn't go check their advice with a random internet board. And if I were going to take the time to become knowledgeable enough to ask intelligent questions here and follow the advice, I wouldn't pay someone for advice. So why do you and others go pay for advice and then come here to see if it's right?
1) This financial advisor is unlikely to be able to pick stocks to beat the market long term, so after fees you will likely get a worse return with greater risk compared to index funds.
2) Investing is simple. With minimal effort, you can be a successful investor and retirement planner. I know a lot less than Dr. Dahle (White Coat Investor), but I can do about as well in investing.
3) For tax-protected accounts (i.e. 401k/IRA), target date funds are a simple option for the novice investor
Statistics: Posted by blimp — Sun Feb 02, 2025 8:25 pm
