Thursday, May 3, 2012

How unbiased are financial advisors?

Not very -  according to a well crafted double blind study. (Full paper here).

The study found that too often advisors took clients portfolios and re-worked them in ways that would earn them the highest commissions.

My advice:  Index.  Fees and commissions are very detrimental to your wealth.

No comments:

Post a Comment

What's going on with inflation?

I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" .  This w...