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RE: Why I Am Not a Fan of Financial Advisors and Believe in Learning Finance Yourself
So I don't recommend everything she says, but I think the underlying message she brings which is live below your means and the hardest part of investing is just putting the money into the market, is good for most people. Also I think there are good financial advisers, but there is such an incentive to be a bad one that most people choose that option. So realistically if you wanted to invest into a fund with a high cost versus just an S&P500 etf with near 0 costs, you are trading a bit of return in the long run, but usually getting less volatility. So if you are older it is a better bet.
people should not buy common stocks, only the A shares. The common shares are only give aways to the insiders, who then sell to the public. They are not used to raise new capital for growing the business. In fact, corporate debt is at an all time high, and PEs are too. This does not bode well for anyone's stock holding, and they should get out now, before the crash picks up steam. no pun intended. ;)