Do This One Thing And You Will Leave Your Financial Advisor

Let’s cut to the chase of this ‘one thing’ you need to do and then I’ll explain the rational and why you will be compelled to leave your advisor.

Compare all of the holdings (large cap funds to mid cap funds) your advisor has you in, to the SPY. Unfortunately, you are about to find out how poorly your invested money is doing.

Step one (this is best done on a desktop)…

Look at your statement and find the ticker symbols of your holdings. An example would be AGTHX or MEIIX (these are holdings that students were stuck in by their Financial Advisors).

Step two

Go to yahoo finance and type in “SPY” in the search bar. This will bring up a low-cost ETF that essentially owns the S&P 500 companies.

Step three

click on the full screen hyperlink

Step four...

click on the plus sign in upper right hand corner.

When you click on this sign you then will click on ‘add comparisons.’

Now enter the ticker symbol of a fund your advisor has you in…

I will compare the SPY to MEIIX and AGTHX over the last 5 years.

It’s important to see if you advisor is at least keeping pace with a low-cost fund right????

Oh wow would you look at that!!!! You just discovered that your funds are massively underperforming the SPY!!! The above chart goes back 5 years. Feel free to go back 10 years or whatever you like.

Next step..

LEAVE YOUR ADVISOR

Not only is your hard-earned money underperforming, BUT YOU ARE PAYING FEES TO YOUR ADVISOR ON TOP OF IT.

The truth of the matter is that advisors don’t outperform a low-cost ETF or Index fund. So why not just own a low-cost fund and not pay those yearly fees?

Let’s now compare a few no-brainer companies (I discuss all of my favorite companies and low-cost funds in my courses, among other things..see below) that I am invested in, to these dismal, actively managed high-cost funds, your advisor has you in.

That’s what my money is in. It’s in the best companies of the world and it’s free from advisor fees and mutual fund fees.

You may think you are doing well because your money has grown…

but is it nowhere near what it could be.

It’s time you take action and ensure that you have a plenty of money in retirement years.

Here is a link to all of my courses. I recommend that you start with ‘Stock Market Investing Made Incredibly Easy”


Only for blog readers do I offer this special…

You can get access to all of my courses ($699 value) for $99 per month. This offer also includes a 5 day free trial. These are the courses I wish I had over a decade ago!

Take advantage of this opportunity. You have nothing to lose and everything to gain. 

Here is the link to to access this offer. All of my courses are uploaded on Thinkific.com. Cancel anytime. 

I wish you the very best.

https://courses.streetwiseinvesting.com/

Follow Streetwise Investing on Facebook to keep updated on all blog posts!

https://www.facebook.com/streetwiseinvesting

Subscribe to the Streetwise Investing YouTube channel here..

https://www.youtube.com/channel/UCL836wE8lmp2BzEXpXi9Pww

Here is a link to first podcast episode…

Learn about dividends and how they will make you wealthy here…


About the Author

Brandon Bitar graduated from Geneva College in 2005 and enrolled in medical school in 2008.  He left medical school in 2010 to pursue his passion, which is investing.  He is a successful stock market and real estate investor.  

In 2020, during the shutdowns, Brandon began developing online stock market investing courses. One year later Streetwise Investing was born.  With the encouragement of students that went through his courses, he decided to launch the Streetwise Investing podcast and begin blogging.  He is excited to share his knowledge about investing with the world.

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Samuel N.
Easy to understand and compelled me to take action
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I have read many books on the stock market and even spent a lot of money on subscriptions that overpromised and under delivered. This course teaches real investing. Investing that can make one a millionaire. This is the best course I have come across on stock market investing. I highly recommend!
Patricia W.
This has to be the best options course available!!!
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I had know clue what options could do! Brandon takes a complex topic and makes it so simple to understand. He walks you through a ton of examples and outlines various strategies throughout the course. I look forward to using these instruments regularly as I navigate the markets. This is a must own course.
Aaron S.
Great place to start!
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Not only is it a great place to start, but with only the information in this course you would have enough knowledge to take control of your portfolio and build wealth over a lifetime. Brandon takes a simple, common sense approach to investing your money and making it grow with minimal confusion. Anyone can understand the material he presents and would be silly not to take his advice. He has more advanced material for those who wish to be more active in the market, but it’s not necessary to build steady, passive income for the rest of your life. Great course!
David D.
Fantastic course for a novice investor!
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Coming into this course completely uneducated on investments and company evaluations, I am leaving with a great understanding of the market. More so I am leaving with the confidence that I can invest myself, and the potential outcome of not investing at all. I will be back for the Options course. Thanks Brandon! Great Course!
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