Some financial and business insights that will make it easier to invest without having to hire an advisor whose fees will take 15%, 20% and more of your investment earnings every year, slice by slice. Without you feeling it until it’s too late.
Figure it out for yourself. That’s what it costs when you pay a 1 ½% management fee each year on your assets, and you’re getting earnings of 6% a year on average.
The lessons result from my observing the successes, failures and foibles on Wall Street. You probably have seen my Earl J. Weinreb comments on this subject many times in the past.
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