Personal Development for Smart People Forums - View Single Post - Investments: Professional vs. Self Management

Hugh Hollowell · 01-13-2007, 06:06 AM

If your daughter were seriously ill, would you use the home remedy you learned that day on Martha Stewart's TV show, or would you consult a doctor?

You are talking about the money that could fund your retirement, educate your children, provide health care to you in your old age. Do you really want to chance that on what Money magazine says to do this month?

Even if you could ( big assumption) do as good a job, is it really the highest and best use of your time? Do you really like scrolling research data, researching corporate reports, trolling the news feeds, and cetera?

I say outsource it.

01-13-2007, 06:06 AM	#7 (permalink)
Hugh Hollowell Member Join Date: Nov 2006 Location: Raleigh, NC Posts: 63	If your daughter were seriously ill, would you use the home remedy you learned that day on Martha Stewart's TV show, or would you consult a doctor? You are talking about the money that could fund your retirement, educate your children, provide health care to you in your old age. Do you really want to chance that on what Money magazine says to do this month? Even if you could ( big assumption) do as good a job, is it really the highest and best use of your time? Do you really like scrolling research data, researching corporate reports, trolling the news feeds, and cetera? I say outsource it.