Quote:
Originally Posted by Boomer
I don’t pay loads or AUM fees either…
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I am curious. Assuming you still don’t want to pay AUM fees or loads, why ask about financial advisors (who don’t work for free)?
Even if you choose to make your own investment decisions, others may choose not or not have the knowledge. That leaves a bunch of financial services firms for these kinds of people. Financial service firms are regulated. But don’t depend on the government to provide all protections from investment managers. Like healthcare, investing is best done by spending time educating yourself. Those who don’t sometimes face a bumpy road.