It doesn’t matter if you are going to hire an investment advisor or not. You will need to know about the market and the options you have. This way you will understand things better and perhaps your relationship with your adviser will generate better results.
Most people make the mistake of entrusting their money to a financial adviser thinking that this person will just step in and work wonders with their finances. This is not the case. If you don’t know what is going on in the investment market chances are you wont be able to translate the information about your goals to the adviser. Knowing and being informed is the key here so that you get the most out of your investments. (more…)