Talk of The Villages Florida - View Single Post - Why I avoid investment advisors
View Single Post
 
Old 10-09-2014, 01:19 PM
Villages PL Villages PL is offline
Sage
Join Date: Sep 2011
Location: Belvedere
Posts: 5,279
Thanks: 0
Thanked 0 Times in 0 Posts
Smile

Quote:
Originally Posted by RayinPenn View Post
http://www.transparentinvesting.com/...wholestory.pdf

Anyone who is thinking of investing with an investment advisor would be well advised to read the article above. Investing need not be complicated; I choose to steer my own ship. I have for many years and am more than happy with the results.

If you must seek help only do so with an advisor
1 who charges by the hour
2 who doesn't try to sell you anything
3 who doesn't talk about the current market or trading - your looking for investment help not trading help.

The above are my opinion based on 30 years of investing(not trading).
I too have been making all of my own decisions for about the same length of time and couldn't be happier with the results, despite the fact that I have been through 3 major market crashes. And I completely agree that investing need not be complicated.

I guess I broke a lot of rules by never being in a mutual fund; I just pick my own stocks. Lately, I feel as though I should be more diversified but I'll stick with what I have until it's time to take some profits off the table. Then when the next buying cycle comes around, I'll search for some new names to add to my list.