I am glad you and I are able to manage our own money competently. I am glad we are able to "stay the course" during tough times. Good for us. Not everyone can do so.I thought that a basic premise of BH investing is that fees matter for returns and that advisors do not consistently beat the market? Thus, people are not better off?Really very simple…NONE YA as in none of your business.
You dint know what is best for others. Some people are actually better off with a good or even average AUMfee FA.
Chapter 5 of little book of common sense investing is titled "Focus on the Lowest Cost Funds- The more the managers make the less the investors make"
Was Jack lying?
If some people are better off with AUM advisor, show me the advisor and I will move all my money to them also.
Statistics: Posted by fredflinstone — Mon Apr 15, 2024 5:00 am — Replies 93 — Views 5870