this post was submitted on 15 Sep 2023
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[โ€“] [email protected] 4 points 9 months ago* (last edited 9 months ago) (1 children)

Their general advice about diversification is not wrong, but the products they sell are in my experience not good.

Where to get better products? Do the legwork, understand how the cost is structured and what the goals and risks of a product are, where you save or pay taxes, and then become frustrated, get a depot and buy a cheap world ETF.

[โ€“] [email protected] 1 points 9 months ago

You need to use financial advisors that are registered fiduciaries. That is a legal term which binds the advisor to work in your best interest.