Date: Thu, 22 Jun 2006 20:30:20 -0500
From: Will Trice 
Subject: Re: Broker or go it alone?
Newsgroups: misc.invest.financial-plan
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joetaxpayer wrote:
> 
> 
> Mechanics of Money Financial BBS wrote:
> 
>> If you choose to go it alone, you will lose money. 
> 
> 
> 
> M/M - forgive me if you feel the edit took you out of context.
> 
> I must say, I disagree pretty strongly with the above remark. If you add 
> the qualifier "if you're not willing to invest the proper amount of 
> time, first educating yourself, and then managing your money...." I'd 
> lean toward agreement.

 >>If you are investing a sizeable amount, you will cost yourself much
more than the measley cost of a financial planner (and you will miss
out on their other offerings).

I agree with Joe, and I'll add that the above statement is also a gross 
generalization.  I think my first post to this newsgroup was about 
advice I was receiving from an FP friend of mine.  His advise, if taken, 
would have made me less money, and cost more (unless by "cost" you 
include my time, which perhaps you should), than the course of action I 
took.  He and I continue friendly financial debates (over beer).

This is not to say that I do not advocate seeking the services of an FP. 
  Indeed, many of us could benefit greatly from their advice.

-Will