December 31, 2011

2011 Results Are In - How Did Your Financial Guy Do?

2011 is now in the books and the S&P 500 lost less than 1%.

If you held some dividend paying stocks, ETF's and mutual funds (and you should have), you made a few percent in 2011.

Do yourself a favor, compare that with the results from your brokerage account to see if what you are paying your financial guy is worth it ?!  See the dirty stockbroker trick here.

My guess is that it won't be.  You'll see that your account probably lost a few percent.  The difference?  Commissions, concessions, churning and fees. 

Make the move in 2012 to handle your own account, its a lot easier than the investerati would have you believe and you'll be certain that the person who cares the most about your money is handling it - YOU !!

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