I had some friends recently ask me about how to start stock market investing
. I told them to read, do research and get on the Internet. They pooh-poohed me and wanted a shorter answer. Sadly I had nothing more to give. I hate giving anyone advice.
There's no upside to advising anyone on their finances and it can destroy relationships. But even ignoring that, people should be informed on their own. I make my decisions with my own counsel. Even if I had a money manager I'd have to be able to understand his advice
. There's simply no way around learning something about managing your money.
I'm also never clear on why people think they should be able to learn nothing about managing their finances and still expect above average returns. You need to start investing your own money
. Even if you have help, you
have to be the decisino maker.