Private investments
Our financial advisor is recommending we diversify and add some private investments to our account. We’ve done some research and it looks promising, but we would really like to know about the pros/cons about this. Thank you in advance!
Terry Says
I think it’s a lot more likely that you’ll make your advisor rich (through the commissions) than it will make you rich!
Rarely — very rarely — is the “good stuff” offered to ordinary people. Instead, they get the stuff no one will buy, the stuff that’s being unloaded on the unsuspecting ordinary investor.
But don’t take MY option as a second opinion. Reach out for a review with a FEE-ONLY FIDUCIARY advisor who is not trying to sell you anything!
Read this: https://www.terrysavage.com/pam-krueger-wealthramp/