When Should I Hire a Financial Advisor?

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Trust is certainly the most problem that am facing towards getting a financial advisor. I mean, I'm currently managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

Lisa-wu
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I wasn't financial free until my 50’s and I’m still in my 50’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

ryanwilliams
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Regardless it's best to consult a professional financial advisor before making any decisions. As a business owner and eBay reseller of all categories, I can attest to the fact that we are almost in recession and that everyone is running out of money.

Angelavaldess
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If you intend to trade actively, it’s important to choose an online broker that offers competitive trading commissions, as they can add up fast.

matildahumphrey
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The collapse of Margin debt leads to a decrease in stock prices and trigger a wave of selling as investors try to cover their losses, Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $145K for sometime now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

DavidAntony-gqid
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According to a financial planner, If you put at least 15% of your income into a 401(k), you can increase your chances of retiring comfortably. How do you maximize compound interest so that you can eventually increase your retirement funds to roughly $3 million?

roseroland
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Am I the only one that was waiting for an answer to the actual video title question and never got one?

santoniop
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Tons of valuable information, thank you so much. It helped me a lot.

josephinebardot
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That end part is me. All I can do at the moment is pile up my money in a CD account until I understand how to invest. Not trying to lose my hard earn money.

dpaper
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This can be frustrating, as an advisor our job is to educate and give options. That’s the bottom line, being sales oriented and not putting the exact interest of the client first ruins people view of this profession

connergadbury
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Im glad I've stumbled across this video, I feel like this was actually very helpful advice. I want to start but I'm just researching and getting my head around the whole concept. Definitely worth a follow!

tanayy
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Thank you for the video!!! We learn a lot from you! Thank you!

mariabell
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I may not agree with Ramsey in everything but I totally agree with this advice. You don't know how many people I've talked to that don't know how their money is being invested nor how their taxes impact IRA contributions.

acilirp
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This is an absolutely amazing video! What a good read on what you should be using a FA for!

cambarden
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Yeah just options and ideas.
That's it.
But didn't stop me from reading and learning on my own. I wanted to know enough to ask questions and understand what he/she is saying to me.
I didn't have that blank confused look that many have.

blackworldtraveler
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I do believe that with a hectic job such as a doctor there will be limited time to explore a lot of financial options out there. I think an adviser sounds like a good idea. For me, I think there are much more ways to create growth with your investment and I am a little clueless. I have invested already so I’m in the right direction however I believe that I need to be more aggressive to expand but I am still fresh. Researching is helping but at times I am still not certain so I have been considering to get an adviser.

veeh
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Trust! Agree!!! Never give up Agreeed!!!

Portia
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Be happy for this moment, this moment is your life.

prkzoomin
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The first question you need to ask your financial advisor is are you a fiduciary? They are legally put your interest first. Otherwise, don’t use one.

princesskaitlinhazelwood
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With the funds out there and some research on your own, you don't need a financial advisor. I base this on an advisor that I trusted to grow my account so wouldn't have to watch over it. I told him everybody is making money off of my money except me and that I wish I kept my money in the bank.

tonyherdina