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Ask yourself the following question about FAs.
If financial advisors are good at financial decisions, good at financial guidance, good at investing: why are they doing talking to you for a living, why aren't they rich?
Ubs1 after six years of derivatives in CS I know the FAs are scammers.
They aren't worth a shi*e.
Post a query here would be a wise thing.
What do you prefer? Property? Passive? Active? Precious metals?
Have you ever heard of the idiom... those who can do, those who can't, teach.
FAs are fake teachers because they don't know jack.
I learned this the hard way.
Using an fa is paying someone else for discipline that most individuals lack
FA1 is right Meta - most people talk about staying all cash, or FOMOing into meme stocks, which ends up losing them money. That’s the benefit of a FA - a steady hand adhering to sound principles. That said, just like there are great real estate agents in a sea of bad ones, or good recruiters in a sea of bad ones, the same applies to Financial advisors.
Hey OP, former advisor here. What are you looking for in an advisor? This is a big question as everyone does things a bit different. What is your "why?"