Why Investors Use Financial Planners

Do you have got a financial planner? Bashes one of
your friends have got a financial planner? Maybe you
take your advice from your broker. As I have
said infinite modern times before a broker will make
you broker. And a financial contriver won’t make any
better. I know. You thought they would.

Let’s expression at the existent ground investors choose
to take advice from these so called “experts”. Once they get you into their office or sitting
with you at the dining room tabular array or kitchen
tabular array you are doomed. Mr. F.P. have got come up prepared
with beautiful slickness colour booklets and will
have a presentation that volition utterly confuse,
bedazzle and befuddle. You will sit down there and be
afraid to inquire a inquiry because you cognize it is
so dumb. You can’t state ‘no’ Oregon you will be
admitting how dense you are. And he cognizes that.

It is not that he is a liar. (I hope.) It is
that all financial contrivers and brokers are
taught the Wall Street method of “making money”. Unfortunately it doesn’t work.

The basic things that have got been pounded into
their caputs are false. Let’s expression at the big
three: Make Research, Dollar Cost Average and Buy
and Hold. There are others, but these you will
hear from every broker and financial planner
because that is what the large brokerage companies
and common monetary fund households want. They desire your
money and they desire to maintain it even when the
pillory or finances you have travel down. In fact, buy
some more.

Research is like blowing in the wind. You will
be inundated with greenish sheets, bluish sheets, red
sheets, glossy full colour glossies, videos, etc.,
etc. Think about this. If you can obtain this
information then so can everyone else. Everything that is known about a particular
stock is reflected in the last price. Morningstar will sell you a beautiful package
about a company, but it is worthless. What you
really desire to cognize is will it travel up after I buy
it?

Of course, if it travels down you will be
encouraged to purchase more than to average out your price
so that when it heads up again you will do a
fortune. Yes, and hogs can fly.

If it makes travel down your advisor may state to hold
on as the market always come ups back. He doesn’t
state you it may take 20 old age or that the
company might travel out of business. Buy and Hold
is the top myth of Wall Street. No 1 ever
states you to sell. Rich Person you been told you don’t
have got a loss until you take it? Please!

You got that advisor because you have got not
admitted to your self that you cannot pulling the
trigger. When you have got a stock or monetary fund that is
falling you don’t desire to sell. You have got to take
charge of your money. Just you.

When you look back at the public presentation of most
financial contrivers from 2000 to 2003 you know
you can make a better job. Always inquire to see what
they did then. If they lost money you don’t want
them. Don’t allow them compare their performance
to the S&P500. That’s fume and mirrors.

You can make better. Just make it.