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Reply to "Please recommend your financial advisor"
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[quote=Anonymous]Once you hire a financial planner it will be pretty difficult to end this relationship you never needed in the first place Zero financial planners. - you just don't need them! Open a brokerage account at a discount broker like Schwab or Fidelity. Don't pay more than $4.95 per trade. Start with diversified ETFs like Vanguard 500. Automatically, reinvest your dividends. Those purchases are free of charge and will even by you fractions of shares if your dividend doesn't cover the price of a full share. Some ETFs and corporations pay dividends every month so the compounding quality is slightly accelerated when you dividend reinvest. Watch Cramer on CNBC at 6 PM. He's a bit silly and bombastic, but he has some good ideas mostly put in layman's terms. Many people make fun of him, but I've made a ton of money based on his recommendations. You are smart and you can do this! I won't make you rich and neither will Cramer, but we can help you with the basics. Once you get started started you will not believe how easy it is to successfully invest and become a capitalist. You need to start and the sooner the better. It's like rolling a snowball over-and-over again. It's not easy and it takes patience - made even thirty years. It starts small but as it grows the gains become exponential. Thirty years may sound like a long time to save and invest to become a millionaire or more. But, know this fact whether you invest and take control of your finances now - or perhaps never - those thirty years are still going to pass and you are still going to be sixty someday. It's your choice to be an investor working towards having the freedom of financial independance or life of life of borrowing money and selling your labor to the highest bidder. If you have questions - just ask! However I'll never tell you what you should buy.[/quote]
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