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内容由Unconventional Wisdom & Advice Inc. and Ed Rempel提供。所有播客内容(包括剧集、图形和播客描述)均由 Unconventional Wisdom & Advice Inc. and Ed Rempel 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
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How to EASILY Outperform Financial Advisors

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Manage episode 416048235 series 3460431
内容由Unconventional Wisdom & Advice Inc. and Ed Rempel提供。所有播客内容(包括剧集、图形和播客描述)均由 Unconventional Wisdom & Advice Inc. and Ed Rempel 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

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.

  continue reading

105集单集

Artwork
icon分享
 
Manage episode 416048235 series 3460431
内容由Unconventional Wisdom & Advice Inc. and Ed Rempel提供。所有播客内容(包括剧集、图形和播客描述)均由 Unconventional Wisdom & Advice Inc. and Ed Rempel 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

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.

  continue reading

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