I’m watching a podcast with financial advisors who talk about their strategy being indexes only due indexes their lower risk and lower maintenance appeal. I’m thinking to myself as I’m watching, isn’t the market his whole life? Shouldn’t he have the knowledge to understand risk management while holding individual positions? Managing risk and diversifying is important, I hold both etfs and individual positions but I also understand that diversification can eat into aggressive returns. My question to you: If you went out and gave your portfolio to a financial advisor, would you be disappointed if all they invested in was ETF’s?
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3 Comments
Jay @motivated_jay · 19d
The person is lazy.. You don't need anyone to pick ETFs. Find a professional who helps you start business and/or get started in real estate. Get away from this person immediately
Jean @plumber_investor · 19d
If they did what I could easily do myself and slapped me a 1-2% fee, I would rage.
Mike L@noviceadvisor · 19d
Imagine if they bought the KOSPI and never trimmed because they believe memory will always go up? Problem is indexes like KOSPI are heavily weighted to 2 companies and S&P500 are heavily weighted in tech about 30%. They won't react to a sell-off quickly if at all
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