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Money and Finances
Reply to "Do you use a “wealth manager” or DIY?"
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[quote=Anonymous]DIY here, 47. Investing is what I do full time now. Started out as interest and turned into a passion. I do had a finance degree, but it means nothing. The school tried to make an employee out of me while I wanted to invest myself into financial freedom. I learned absolutely nothing at school that would help me get there. The 10% was the biggest crap. I would give WM $10k and tell them to get me a better return that I can get. If they can beat my 100% a year (tax free), I'd like to know how they did it. Not that easy when you manage someone else's money. I know there are people out there who can get the 100% a year fairly often. I don't really pay taxes and will try to keep it this way. I will give my money away slowly, but surely. I don't care for trusts or wills. Too much paperwork. Whatever is left when I die, will belong to someone else the minute I kick the bucket. I want to show my kids how I get my high returns. I doubt WM would do that.[/quote]
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