In this episode, Marks answers the question: why should I pay a financial advisor? They're there not just to provide you with details and information, but an advisor is there to help you not make mistakes. Your advisor must lead, guide and direct you! Investors are not aware of the risk taken for the returns they have. Money is in a cookie cutter process and investors don't understand the intangibles associated with that. Investors often ask, what am i paying you for? There is intangible value for paying a professional to help. If you’re a long term why would you care about an investment? Mark also talks about the PE ratio, weighted index, market capitalization of the companies, and other topics.
May 3, 2017