175-Friday Q&A: Can Financial Advisors Increase Your Returns, How to Prepare For the CFP Exam, Fastest Way to Become a 1%er, How Do You Trust Insurance Agents, What is the Role of an IPO in an Investment Portfolio

Friday Q&A shows are fun and today is no exception. Today I answer five questions:

1. Is there any academic support for the value of financial advisors?
2. What is the best way to prepare to pass the CFP exam?
3. What is the fastest way to become a 1%er?
4. How do you learn to trust insurance people?
5. What is the role of an IPO within a broader investment portfolio?

Enjoy my answers!

Joshua

Links:

• Research on investors' actual returns with DFA funds.
• Vanguard's paper on the value that an advisor brings.
• Morningstar's paper on the value of an advisor.
• "Route to an $8 Million Portfolio Started with Frugal Living"
• "How Much Money Does it Take to Be in the Top 1% of Wealth and Net Worth in the United States?"
• "How Much Money Does It Take to Be In the Top 1% by State?"
• Support Radical Personal Finance on Patreon! http://radicalpersonalfinance.com/patron