The Uncomfortable Truth About Investment
Products
Banks make money when you trade frequently
and buy complex products. They lose money
when you buy boring index funds and hold them
for decades. Guess which strategy actually
builds wealth?
During my banking years, I watched clients
pay 2.5% annual fees on actively managed
funds that consistently underperformed simple
market tracking. The math is brutal – those
fees compound against you for 30 years.
Most "personalized" portfolios are just
expensive versions of basic asset
allocation
Investment advisors often know less about
your goals than you think
The best investment strategy is usually
the most boring one
That's why we teach DIY investing. Not
because we hate financial advisors, but
because most people don't need to pay
thousands in fees for strategies they can
execute themselves.