If your advisor is still using actively managed funds, here are the top ten reasons why you should take your money and run…
10. You’re losing money from high fees – lots of money over time.
9. You are paying a lot more in taxes than you should.
8. You can’t buy or sell your investments until the end of the day.
7. You’re not well diversified.
6. You are underperforming your funds’ self-selected benchmarks.
5. You are paying your advisor a commission – and you don’t know how much.
4. You are paying sales loads, redemption fees, exchange fees, account fees, purchase fees, management fees, and 12b-1 fees, and you’re not sure why.
3. You only own stocks and bonds – no commodities or other alternative assets.
2. Your investments are not transparent, which makes them prone to scandals.
1. Your advisor doesn’t understand ETFs, doesn’t want you to know about them,or doesn’t know how to make money off of them.
