Do You Need a Financial Advisor? #019
How to Money16 Mai 2018

Do You Need a Financial Advisor? #019

Investing advice is the number one reason why people hire financial advisors, and we're here to tell you that you're wasting your money!!! Certainly a financial advisors could help you with other things like financial goal setting and managing cash flow, but ultimately it still comes down to you doing the hard work yourself (plus, we've already covered those topics on previous episodes, have a listen)! The biggest reasons why you don't need a financial advisor is because financial advisors can be really expensive, and plus, they don't always point you in the right direction! Listen to the entire episode to find out why don't recommend financial advisors.

So there you go- you DON'T need a financial advisor. Instead, you need to be investing in well diversified, low-cost index funds like our favorites, VTSAX and VOO. That's what Warren Buffett recommends and he was willing to prove it by making a 10 year bet against hedge fund managers (as if being the 3rd richest man in the world wasn't enough proof).

And at the beginning of this episode we each popped open a bottle of Allagash's Curieux, which you can find and learn all about on Untappd. A huge thanks to Allagash Brewing Company for donating this amazing beer and supporting the podcast! If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Stitcher, or wherever you get your podcasts!

For specific links and additional information about this episode, head over to our site: HowToMoney.com . Best friends out!

Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

See omnystudio.com/listener for privacy information.

Episoder(1138)

Friday Flight - College Cost Cutting, Predictive Credit Scores, & Work Perk Pruning #1134

Friday Flight - College Cost Cutting, Predictive Credit Scores, & Work Perk Pruning #1134

Time for a Friday Flight- our little sampling of the week’s best financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific ...

1 Mai 35min

Flights Are Getting Pricier! (*here’s how to pay less*) w/ Kyle Potter #1133

Flights Are Getting Pricier! (*here’s how to pay less*) w/ Kyle Potter #1133

Most of our best memories (and stories) come from trips we’ve taken. Some were incredible international adventures while others were ridiculously cheap road trips across different parts of the U.S. It...

29 Apr 1h 3min

Ask HTM - Running the Financial Gamut From Squirreling Away an Emergency Fund to Real Estate Investing #1132

Ask HTM - Running the Financial Gamut From Squirreling Away an Emergency Fund to Real Estate Investing #1132

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , ...

27 Apr 56min

Friday Flight - Allbirds AI Audacity, 529 Flexibility, & Horrific HELOCs #1131

Friday Flight - Allbirds AI Audacity, 529 Flexibility, & Horrific HELOCs #1131

Time for a Friday Flight- our little sampling of the week’s best financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific ...

24 Apr 42min

Real Estate's Ticking Time Bomb w/ Bigger Pockets' Dave Meyer #1130

Real Estate's Ticking Time Bomb w/ Bigger Pockets' Dave Meyer #1130

The housing market is currently at a massive crossroads, and frankly, the old rules don't seem to apply anymore. We’re seeing a landscape of shifting interest rates, a potential reset in supply, and a...

22 Apr 1h

Ask HTM - Set for Life w/ Trump Accounts, Cash vs a Car Loan, & Vetting a Financial Advisor #1129

Ask HTM - Set for Life w/ Trump Accounts, Cash vs a Car Loan, & Vetting a Financial Advisor #1129

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , ...

20 Apr 52min

Friday Flight - Frustrating Fees, Degree Doubts, & Upper-Middle Class Ascendancy #1128

Friday Flight - Frustrating Fees, Degree Doubts, & Upper-Middle Class Ascendancy #1128

Time for a Friday Flight- our little sampling of the week’s best financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific ...

17 Apr 40min

Can Millennials Count on Social Security? w/ Mike Piper #1127

Can Millennials Count on Social Security? w/ Mike Piper #1127

Let's talk about Social Security. More than music, clothing, or even political views, Social Security might be the single biggest generational fault line in America right now. Boomers are thrilled to ...

15 Apr 56min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengesnakk
livet-pa-veien-med-jan-erik-larssen
utbytte
rss-pa-konto
pengepodden-2
finansredaksjonen
morgenkaffen-med-finansavisen
liberal-halvtime
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
lederpodden
rss-markedspuls-2
okonomiamatorene
rss-sunn-okonomi