Talk of The Villages Florida - View Single Post - How many are loving paying their financial advisor now?
View Single Post
 
Old 05-21-2022, 07:42 AM
MidWestIA MidWestIA is offline
Veteran member
Join Date: May 2021
Posts: 509
Thanks: 0
Thanked 184 Times in 141 Posts
Default How to lose

Take a big % out and probably miss the big run back up and stay down. I don't want to tempt you to play the market if you don't put in the time & effort to learn how you will probably be worse otherwise.

For a non investor get a low cost advisor and have mainly low expense ratio etfs & funds but mainly indexes it is too hard to pick stocks and time well. S&P 500 VOO and total market VTSAX dividend growth VIG SCHD maybe QQQ for tech

The more your advisor buys & sells the more they make doesn't matter if you do.