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To: JeanLM
I live in NJ and have net investable assets slightly above $1 million. My financial adviser says this is 96% of what I need to make it to 100...

1. Having a financial advisor is usually very bad for you financial health.

2. Congrats on getting to that milestone -- now dump that drag on your resources.

3. Head over to this site and learn how to do it on your own Bogleheads

Bogleheads are devotees of Jack Bogle who popularized the idea of low cost index investing. This has been demonstrated to beat almost every financial advisor on the planet.

20 posted on 01/31/2019 6:16:18 AM PST by CurlyDave
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To: CurlyDave

It beat other methods of investing in the past, when few investors is doing it. Whether it would beat other methods of investing if it became a fad, and everybody put every dollar they could scrape up into index funds, remains an unresolved question.

I would say no. If everyone is investing one way, then the best way to make money is to invest some other way.


21 posted on 01/31/2019 6:47:08 AM PST by proxy_user
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