If you had $10,000 to invest at age 25, which would you rather have at age 85: $209,820 or $956,564?
Fact: If you choose to invest your $10,000 with a ‘professional’ financial advisor working in the financial services industry, you would end up with the $209,820. I bet that got your attention! If on the other hand, you were a DIY 2.0 Investor, or what I refer to as an informed Self Empowered Investor, you would be smiling knowing your initial $10,000 grew to $956,564…with 60 years of peace-of-mind.
How is that possible? Simply by reducing your investment fees/costs by 2.5% and putting that 2.5% to work building wealth for you and leveraging the power of compounding. It can’t get much simpler than that.
Thanks to the internet, this industry is being exposed for what it truly is…
- A confiscator of investor’s wealth
- Provider of little if any value to investors.
- Totally self-serving
If you are skeptical about this 2.5% of fees/costs, ask yourself these 2 questions (do a Google search on these):
- Who pays for the bonuses to those working on Wall Street and in the financial services industry, that amount to hundreds of billions of dollars, annually?
- Who pays for the billions in fines paid by all the firms to settle allegations of conflicts-of-interest, misleading investors and fraud annually?
When you come to the realization that these billions in bonuses and fines are paid by YOU (deducted from your earned investment returns) maybe it’s time to take notice and ask the question: How can I become an informed Self Empowered Investor or DIY 2.0 Investor, capture more of what my investments earn, and experience that peace-of-mind?
Let me know your thoughts. If you found this of value, share it with others.