使用Player FM应用程序离线!
How to EASILY Outperform Financial Advisors
Manage episode 416048235 series 3460431
It’s easy to outperform financial advisors.
Why?
Conventional wisdom is they underperform because of fees, but there is a bigger reason.
They don’t even try to outperform. They try for: “Reasonable return with less risk”.
Financial advisors are mainly salespeople, not financial planners.
They are more likely to lose a client because of a 30% 1-year market decline than 10 years of lagging the index. So, they focus on market fluctuations, not your life goals.
This makes them do the “4 performance drags” that typically reduce their returns by at least 3%/year, which is more than their fees.
In my latest podcast episode (under 4 minutes!), you’ll learn the four performance drags and how to get the maximum reliable long-term return.
You’ll also discover exactly how to EASILY outperform financial advisors.
105集单集
Manage episode 416048235 series 3460431
It’s easy to outperform financial advisors.
Why?
Conventional wisdom is they underperform because of fees, but there is a bigger reason.
They don’t even try to outperform. They try for: “Reasonable return with less risk”.
Financial advisors are mainly salespeople, not financial planners.
They are more likely to lose a client because of a 30% 1-year market decline than 10 years of lagging the index. So, they focus on market fluctuations, not your life goals.
This makes them do the “4 performance drags” that typically reduce their returns by at least 3%/year, which is more than their fees.
In my latest podcast episode (under 4 minutes!), you’ll learn the four performance drags and how to get the maximum reliable long-term return.
You’ll also discover exactly how to EASILY outperform financial advisors.
105集单集
所有剧集
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。