Oddbean new post about login | logout Financial Advisors getting laid off for missing this one.
Wait until they have to explain “rebalancing” to their clients.
"So why am I putting it into this ETF that is up 150% since January? Shouldn't we have done this earlier? How does this asset compare to the VOO anyways?"
And why am I up only 27%?
The guys I golf with, Bob & Jim, told me their FA allocated 2% back in Feb, and now they're outperforming the index by 50%. I'm moving my money (how it will always end).