Frantz M. Fils-Aime

Can people do better with a professional? Yes.

For the same reason your haircut/hairstyle will look better if you go to the barber or stylist instead of being cheap.

For the same reason, the average NBA player would destroy the average person on the basketball court.

These people spend 90% to 100% of their time and brain space devoted to their craft while YOU might spend 10% or less. Think about Kobe. Plus they have an insane affinity and level of talent at what they do. Who do you think will be better?

At the beginning, there is no difference between you & the professional but as time passes, the gap widens and explodes. In the hands of a professional who cares & is competent, $500,000 gains an extra $1.4 million compared to it in your hands. I can’t afford to work with a professional is no longer a barrier.

Not everyone can afford the AUM percentage fee structure BUT a commission fee structure allows you to receive help from a financial professional if you are starting out with little. There is a fee structure that works for your situation.

If you lack the time or the knowledge or want someone to watch your six, then working with a financial professional who is competent and who you vibe with might be right for you.

To your financial future.
Frantz

The preparation and training it takes to just even RUN a marathon is intentional and extensive, it requires high level of commitment. The same does not apply to a sprint unless you want to be the top sprinter in the world. Building wealth requires a long term commitment. When you try to build things fast, they are usually not built to last. Ever try to sprint a marathon?

A recent survey in 2023 cited that Americans believe that they need $1.8 million to live comfortably in retirement and keep up with inflation. To many, that seems like an unattainable number. However, according to Milken Institute (economic think tank), if you start investing in your early 20s, you can be a millionaire by the time you are 65. If you put $200 away each month and ONLY get a conservative 8% starting at 20, you can have over $1 million. If your parents start your retirement for you at birth ($50/month), you can stand to have $1.3 million. The higher your average rate of return will lead to a higher balance coupled with time on your side & thirdly increasing your contributions.
The point here is to start investing as early as possible and to invest often.

Investing is more than just putting money in an investment and getting a return back. Invest time & money in yourself emotionally, spiritually, physically and personally. Some returns are tangible while others are intangible.