Mutual fund investor look at ETFs. Any financial advisor that puts your capital into a mutual fund has turned the tables on you. Your capital now works for them! At no risk! If your financial advisor puts you into mutual funds, your account needs review . Your capital delivers a no risk and constant return…to them! What about you? You, however, get the leftovers. Market movement up or down does not matter to their return. They get their return, every year. From you. No matter what the market does, each year they take a nice slice of your account. You put up the capital, take the risk, but get only the leftovers. Should it be the other way around? Should they be working for you?
Tag Archives | Retirement
Retirement saving dangers. Retirement saving dangers lurk in the financial industry annual retirement savings campaigns. The great annual rite of investor shearing has begun. Once our New Year celebrations pass each year, the financial industry begins their annual bombardment of retirement savings ads. Financial marketing blasts at full volume to summon you to the shearing shed for your spring clip. The financial industry lust for your retirement savings seems to know no bounds.