@ChrisMayLA6 There are good advisors out there, and they can be invaluable when it comes to helping people reaching their financial goals and realizing their dreams.
How do you find them? Today it is only based on reputation.
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@ChrisMayLA6 There are good advisors out there, and they can be invaluable when it comes to helping people reaching their financial goals and realizing their dreams.
How do you find them? Today it is only based on reputation.
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Emeritus Prof Christopher May
In response to this post@h4890
Yes, financial advisors are very much; buyer beware! Luckily I have too little to make it worth it... and in fact I have just transferred some of my savings I had experimentally put with a managed fund over to the passive fund I had the rest in as the former badly lagged the latter on returns....
@ChrisMayLA6 This is interesting. Over how many years did it lag?
Since we are currently in recession territory and unstable markets, it is to be expected.
Interest rates are coming down, and (in sweden at least) tax cuts coming in order to help the economy since employment figures are not good.
So my guess is that within 1-2 years, we'll start the next cycle upwards for 5-7 years or so. That's when more risky funds should start to outperform less risky ones (in theory).
by h4890 ;
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