Quote:
Originally Posted by VisualEcho
Oh I'm worse than that. I worked for Edward Jones for a while, and have a Series 7, but the knowledge is a bit far back for me. I also think they make it much more involved than it really is.
"Let me make sense of investing for you, here, let me talk over your head so you'll just hand me the money."
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Pretty much. Investing isn't and doesn't have to be complex at all for the majority of us investors but financial advisors and "wealth managers" think otherwise. I put their skills, expertise, and level of effort put in vs their pay about as high as I do most realtors......which isn't saying much. It's a racket in most cases, IMO.