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[quote=Anonymous]The reason the stock market is the perfect vehicle to acquire great wealth is the annual compounding of your growth and earnings. The value of your shares grow every/most years and you purchase more shares with the dividends you've collected.

It doesn't happen quickly but you wake up one morning when you are about sixty and you say who, I'm fairly wealthy.

This will only happen if you retain all of your personally invested money gains and dividends.

Now think about this for a minute.

Financial Advisors charge you 1% of your entire wealth every year. That's 1% of your life savings every single year. That's not 1% of your 2018 gains. That's 1% of all of the money you brought in in the first place for them manage. You will pay them 1% of every cent you own every single year from now until you die.

They take 1% of thousands of peoples wealth every year for picking a few stocks for you.

If you give someone 1% of your entire wealth every year, you will not retire with much more than the cash you invested every year.

The exponential wealth you should have accumulated will have been siphoned off drip-by-drip, year-by-year by your financial advisor.

You can be a capitalist.  Working people can retire wealthy, but only if they manage their own investment.

If you don't retire as a wealthy capitalist it's because your financial advisor did.

Schwab and Fidelity charge $4.95 per trade. That is thousands of times cheaper than "financial advisors" will charge you.

Financial Advisors will drain your wealth and in thirty years you'll retire with inflation adjusted peanuts. [/quote]

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