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Money and Finances
Reply to "As an advisor, into the shark tank..."
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[quote=Anonymous][quote=Anonymous][quote=OTAlexFA][quote=Anonymous]Why don't I just put my money in index funds rather than you? Will your fee + the returns outperform index funds + fees?[/quote] Index funds are great; they just aren't a cure-all.[/quote] i would disagree with you here. almost nobody can beat the market over a long timespan, so it makes little sense to do anything BUT invest in index funds. all this jazz about timing the market and "hedging" against downturns is a recipe for losing your ass. [/quote] An adviser is useful if you really have no interest in doing the basic research to figure out which target retirement index matches your age. There are people who are that hands off. But they are not looking in the "money and finance" section of DCUM....[/quote]
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