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Old 08-03-2023, 09:22 AM
manaboutown manaboutown is offline
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"Financial Advisors Rarely Beat the Market

Large-cap fund managers – people who could be considered the most elite of the elite when it comes to financial advisors – are outpaced by the S&P 500 a staggering 92.2% of the time.Oct 15, 2018"

From: Why You Don't Need A Financial Advisor | Seeking Alpha.

In the various financial books I have read the authors report anywhere from 85% to 97% of financial advisors do not beat the market.

That speaks volumes for sticking to low cost index funds.
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