Can Form 8815 Advisors 2022-2023

Instructions and Help about Can Form 8815 Advisors

Music trying to manage your own investments could be costing you tens if not hundreds of thousands of dollars and you don't even realize it but I get it we're all brought up believing that we need to save our money we think that paying for a service will cost us money and it's easy to fall into that trap but if that were true the wealthiest people in the world would be managing their own money but they don't they know that they won't be able to maximize their investments over the years in fact the average investor and that's likely you underperforms by four percent per year that means you're likely missing out on four percent of growth each and every year for example the most popular index fund with very low fees Vanguard's S&P 500 fund if you bought it ten years ago and you did not touch it you would have made nine percent but investors in that same exact fund only made 5 percent per year so if you're looking at investment management services a firm like mine charges one percent a year but you may earn four percent more so you tell me what's the better deal instead of looking at how much it costs and consider what you'll gain and save the first thing is time consider how many hours will you have to put into this to give it the attention that it deserves but that'd be ten hours a week or more if you make $60,000 a year that's $15,000 worth of your time the second thing you can do is say goodbye to panic next time the new screams that the bottom is dropping out you'll feel better knowing that someone is watching your money the third thing is that...