Not exactly educational per se, but funny stuff…
A Financial Advisor Meeting an “Under-educated” Client:
Getting tricked by the Wrong Financial Advisor:
If one is to work 40+ years to earn a living, it’s critically important to spend just 4 minutes a day learning how to save, allocate, & invest your hard earned money!
http://dilbert.com/strip/2014-12-16
Not to say that ALL financial advisors are like this, but keep in mind the driving motivations of your advisor before making any decisions. Educate yourself!
In my younger years, I was open to many different sources for information – from Investors Business Daily (IBD), to MSN Moneycentral, to Fool.com discussion forums, as well as paying for select newsletter subscriptions.
From personal experience, I haven’t seen paid newsletter subscriptions being worthwhile in terms of performance compared to just putting one’s funds into a passive index fund. So, this begs the question – how does “free” stock market info / guidance compare? Is there perhaps an independent study of how their stock recommendations perform over the long terms?
I happened to find this article this weekend – and it answers the question quite well, complete with raw reference data. Enjoy!
