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Money and Finances
Reply to "Single Guy Budget Review"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]09:57 here... You may find it worthwhile to get a financial planner. Usually, the minimum of managed assets is $500k, but they often bend this for younger people where the potential is there going down the line. There are plenty out there to manage money, so my only caution to you would be to choose one that doesn't offer investments. In other words, don't use Fidelity since they'll just sell you Fidelity funds, and so on. Pick one where you just pay a fee based on managed amount, and where they don't offer their own funds nor get a cut for recommending some. [/quote] This is terrible advice. If you want help, get a fee based financial planner/adviser with an HOURLY rate. Why on earth would you pay somebody for advice and base the fee on the amount of money you're looking for advice on?[/quote] Meh, we do. To each his own. It's not uncommon to have assets professionally managed. He gets us into the right PE deals, etc. [/quote]
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