Saturday, February 14, 2015

Expensive Financial Advisers

                                        
Financial and business insights can 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.
                       
That’s what it costs when you pay a 1 1⁄2% management fee each year on your assets, and you’re getting earnings of 6% a year on average.
                       
The lessons result from observing the successes, failures and foibles on Wall Street. You probably have seen my  comments on this subject many times in the past.  (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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