Um. Ok. But I have a financial consultant group. Kind of like my own personal mutual fund. They handle it and give me reports quarterly or when I ask. And yes, they get a fee. If I value my time at $20 per hour (hey, I’m retired) that fee is about one tenth of what it would cost me to do my own research. And then their expertise is significantly greater than mine (there are a half dozen of them, each expert at some aspect)… so their bets are much better informed than mine would be even so.
My net value has grown more rapidly since I hired them than I had expected: Almost as much as I’d hoped for.
Um. Ok. But I have a financial consultant group. Kind of like my own personal mutual fund. They handle it and give me reports quarterly or when I ask. And yes, they get a fee. If I value my time at $20 per hour (hey, I’m retired) that fee is about one tenth of what it would cost me to do my own research. And then their expertise is significantly greater than mine (there are a half dozen of them, each expert at some aspect)… so their bets are much better informed than mine would be even so.
My net value has grown more rapidly since I hired them than I had expected: Almost as much as I’d hoped for.