How a $95,000 Loss Could Have Been Avoided

Jan 11, 2017

We have a client who decided to self-manage about half of his investment assets while we are investing the other half. He decided to do this for two reasons. First, he wanted to use a different system which he had read about. To us, it sounded something similar to Market Timing – being fully invested or all in cash, one or the other. The second reason is he had received comments from his accountant that they had never seen someone pay a financial advisor like us so much in fees. Over the last 18 months, we estimate this client has lost almost…