Investing? Hire a Professional
Investing can be an effective way to build wealth, but it’s not without its risks. While some people may be tempted to invest on their own, the data shows that DIY investing can be a dangerous game. In fact, studies show that the majority of DIY investors underperform compared to those who work with a true fiduciary investment advisor.
Research conducted by Dalbar, a leading market research firm, found that over the past 20 years, the average investor has significantly underperformed the broader market. Specifically, the average investor earned a return of just 2.6% per year, while the S&P 500 earned an average annual return of 6.1%.
One of the main reasons for this underperformance is that many investors tend to make emotional decisions rather than taking a disciplined, long-term approach to investing. DIY investors may be more prone to making decisions based on their emotions, rather than relying on a proven investment strategy.
By working with a true fiduciary investment advisor, you can benefit from a disciplined, long-term investment strategy that is designed to help you achieve your financial goals. A true fiduciary advisor is legally and ethically bound to act in your best interests and provide transparent and trustworthy advice. They can offer an objective perspective and help you make informed investment decisions that are based on your unique financial situation and goals.
In conclusion, while the idea of DIY investing may be appealing, it’s important to remember that it can be a dangerous game. By working with a true fiduciary investment advisor, you can benefit from a disciplined investment approach that is designed to help you achieve your financial goals with confidence and peace of mind. As a true fiduciary investment advisor, I am committed to helping my clients build long-term wealth and achieve their financial objectives.
