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5min chapter
Ric Edelman Unplugged
The Compound and Friends
The Importance of Diversification in a Divergent Environment
When I first started as an advisor there were 400 mutual funds and there was no such thing as an index fund Which means everybody was trying to pick literally the best performing market outperforming Out of 400. Fast forward to today and what do we have everybody's now an ria they're not brokers We're fee-based not commission-based and most importantlyWe've now have decades of data on the right way to manage money. The downside of using all this wonderful tech that allows us to rebalance and look at our Tax loss harvesting and all that kind of good stuff is Every advisor is increasingly looking like every other advisor How do you differentiate? When your fees kind of the same and the
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