You have “abused investor syndrome” and don’t even know it. Here’s what I mean…
I see disturbing similarities between motivational speakers and the securities industry. Both are wealth transfer schemes, offering little to no value and extracting vast sums of money from gullible consumers.
There’s a huge bargain in stocks these days, but you’re unlikely to hear much about it.
Your financial journey is a long one. The good news is you have the benefit of time. Start by taking these three steps. If you do, I like your chances.
Keep this in mind the next time someone offers to give you “free” advice.
I credit robo-advisors for bringing much needed innovation to the investment advisory business, but many investors are well served by traditional advisors.