11-04-2013, 01:56 PM
WRXtranceformed Wrote:Just met with my brother again to reevaluate my financial plan and goals now that I'm saving for two. Anyone who is on the fence about hiring a good financial advisor should definitely do it after you do your research to find a good one. Through some contacts at my job I was able to help him get plugged in to an elite 2 person ML team who manages between $500-600M in assets. They have incredible resources available to them and the ML dashboard alone is amazing...integrates with my BoA dashboard, is customizable and provides all the monitoring you need. Being able to run projections showing percentages of likelihood of hitting financial goals and retirement net worth based on current strategy and investment is legit. The real benefits are being able to have true transparency of financial fees, access to and understanding of tax sheltered investments and constant monitoring and adjustment of your plan if needed.I have to admit, I'd rather pay someone to do this that actually knows what they're doing, assuming that meant they consistently beat the market and didn't take too much off the top. But I have pretty weak faith that anyone out there really knows what they're doing, and/or why I should trust that they are really doing their best for me instead of themselves. :dunno: I'd have to REALLY know them.
Bought TSLA back this morning, couldn't stand to be out. Earnings report tomorrow. :thumbup:
The only thing that stops a bad guy with a van is a good guy with a van
