Debate: Should I Get a Financial Advisor or Invest Myself?
Friends That Invest
00:00
The Pros and Cons of Working With a Financial Advisor
If you have a 2% fee, just two, that is going to cut half of your returns after 45 years. And rather than making a million dollars, you'd probably just make $500,000 because 2% fees compound in the same way that the stock market compounds. You should have the confidence with the advisor that you're working with that they are personalizing and tailoring decisions made for you if that alleviates stress from your life.
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