Wednesday Wisdom from Main Street Money

Matson On Facilitators

It’s my belief that financial advisors don’t want to upend the gravy boat, and thus tend to tell clients what they want to hear. Instead of helping you fight your instincts, emotions, and perception biases, they inadvertently use them against you. There is good news and bad news in that scenario. The bad news is that if you have the wrong advisor, one who’s not really a coach, you are in danger. The good news, as an investor, is that if you have the right coach, and the right support group, you’re probably going to do fine.

Excerpts from Main Street Money by Mark Matson

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