53
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Sep 2024
53 points (94.9% liked)
Personal Finance
3819 readers
2 users here now
Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!
Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)
founded 1 year ago
MODERATORS
Ideally, you should be paying them for their time, and they shouldn't be getting any commissions other than you paying for their time. Look for a "fee-only advisor" who has a license that lists them as a fiduciary, which means they have a legal obligation to act in your best interests.
But honestly, you probably don't need one. Personal finance is relatively simple:
But if you're not confident, find a fee-only fiduciary advisor to educate you about investing. A good one will help you feel more confident and provide options, they won't be pressuring you into any particular decision.