Where Are You Getting Your Investment Advice?



A recent study found that investors taking a do-it-yourself approach hold more cash than investors working with a financial advisor. The problem is that if you hold two or three times the amount of cash compared to what we would recommend, your portfolio is likely to dramatically underperform. Listen to Ric Edelman explain the worries that motivate some investors to hold too much cash and how an advisor can solve this problem.

Investing strategies, such as asset allocation, diversification, or rebalancing, do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.