4.6 • 1.8K Ratings
🗓️ 16 July 2008
⏱️ 9 minutes
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0:00.0 | This is guest host Andrew Horowitz and today on Money Girl. |
0:07.0 | Some tips on how to find a good investment advisor ripped right out of chapter 9 of my book |
0:16.9 | The Disciplined Investor. This is such an important topic that I've decided to |
0:21.1 | split it up into two episodes. |
0:23.0 | Part one will cover advisor basics. |
0:25.0 | You know what you need to know. |
0:27.0 | And part two will provide tips to finding the best advisor to work with. |
0:31.0 | Protecting your assets from all the potential pitfalls can be a rather |
0:35.2 | trying matter. For many people, enjoying money is much more rewarding than constantly searching |
0:40.2 | for ways to improve the bottom line. For others, it may make better financial |
0:44.5 | or personal sense to focus daily attention on their career, retirement, or their |
0:49.1 | family and let a paid professional handle the kind of painstaking research it takes to maintain a profitable portfolio. |
0:56.0 | Fortunately, for the many people out there who do not like the idea of braving the waters alone, |
1:01.6 | there is an entire fleet of financial professionals willing to help. |
1:05.6 | The degree and quality of that advice varies greatly, and as this book has stressed again and |
1:10.0 | again, it is important to do your homework. Financial professionals come from many |
1:14.4 | different backgrounds, biases, skill sets, influences and experience. Therefore it is |
1:20.2 | imperative to assess the kind of investment strategies you are looking for as well as the kind of person you would like to work with. |
1:28.0 | As if you are looking to buy and test drive a car, it is critical that you take the time to size up the benefits and |
1:33.7 | drawbacks of dealing with a particular financial advisor. During your |
1:37.6 | evaluation there are few easily recognizable key indicators that the |
1:41.8 | disciplined investor must pay attention to. |
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