Originally Posted by
MikeF16
It's a fake comparison. I feel like any money manager I could hire with my meager funds only knows the rudimentary basics. If he could pick stocks worth a damn then he would be working for himself or multi-millionaires -- not me. From all my anecdotal evidence of watching the market for over 20 years, most experts aren't. They just use that saying to scare people into paying them to lose your money. They get a cut either way.
Yup. Any low-fee mutual fund can beat
most "highly talented" hedge fund managers.
Max the 401k.*
$10000/kid/yr into a 529.*
Max out the HSA.*
Stay away from toys.
Don't get divorced.
Pay off your debt.
Keep your FO house.
Spend money on experiences, they're proven to have a higher ROI than "stuff."
*All in plain vanilla
low-fee funds.
That will be $99. Thank you.