Well, let's see. Most of my co-workers are down about 30-35%, while my portfolio (that I and I ALONE decide how to invest) is up about 3% this year. So, compared to those around me, I AM up about 40%!
Seriously, this tells you everything you need to know about these so-called "professional" advisors. I used them when I was younger and got little return. When I realized that their "advice" wasn't worth the paper it was written on, much less their commissions, I started doing some reading and stufying on my own and, guess what? I can do it as well as them, if not better!
Am I always right? Heck, no. But, because I'm my one and only client, I'm my first priority, not another phone number on a prospect/sucker list. So, when an investment goes south (as happened to me just last month), I told my client, all one of me, to dump the loser.
see #49