posted: Apr. 17, 2008 @ 6:55p 
Is there any benefit to hire a CFA or I'll better off with Low cost funds or ETFs?
Low Cost ETFs or Financial Advisers Archived From: Finance |
Is there any benefit to hire a CFA or I'll better off with Low cost funds or ETFs?
Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.
There is no straight answers. Depends which stocks you choose or which adviser you land to.
If you choose to go through Adviser path do your home work.
These things you should ask from your adviser Link
Also do some research about your adviser on internet. There are few place you can look for his past performance. Link
It may take as much knowledge to wisely pick an advisor as to wisely pick the investments themselves.
DALBAR, which may serve mostly the interests of advisors, says investors do better with advisors than on their own, but the only reason I can think of is that investors who go through advisors
probably leave their investments more alone and simply add money to them, while DIYers may be more prone to chasing after the hottest investment of the moment, thereby buying high and selling low. But other studies say the opposite, which makes sense because DIY is slightly cheaper.
|
 |
|
|
While FatWallet makes every effort to post correct information, offers are subject to change without notice. Some exclusions may apply based upon merchant policies.
