7 Good Reasons to Hire a Financial Advisor

Who said it? While the sun shines along with breeze chances of reaping the benefits of financial planning could be smelt like fresh blades of grass.
I didn’t save a million, but still I’ve fair reasons to hire a financial advisor. Bigmouth, they say and it’s totally handy at scenarios. Especially, understanding nerd terms (not in the eyes of a financial planner!), and asking it out as questions. Firstly, let me confess it. I’m not a Math geek. For some unknown reasons, I share a troubled relationship with figures, numbers, ratio, %, metrics, probability, blah, blah, blah…
Understanding, they say! Acting like a geek needs some skills, and there it’s needed – “understanding”!
I handle my finance, but I’ve no idea growing it
I’m not clear about what am I going to do with my savings. Yes, it’s there, but I’m not a know-how to decide what to do with it. Time to think on my own perspective about financial future…bah! However, I never have a no for the benefits of hiring a financial advisor.
A professional hand is needed. One solid reason to hire a financial planner, leading to the rest.
A family depending on us, how are we backing them up
Fine, a person in late 20s or early 30s isn’t sure about designing their financial strategy. Certified Financial Advisors help us to be prudent investors. It’s just our own, but when wealth is passed to our offspring or people looking up to us, they get to know the worth of it.
Rediscover goals, suggesting legitimate strategies
A futuristic 401 K choice that would fetch long-term investment strategy! This is where it's much needed to
find a finanacial consultant.
We wouldn’t know it, but a financial planner would lead us to the right destination.
Now, that I’m done hiring a financial planner. What goes next?
Two billion dollar questions…
“Why is it always 60/30/10 quota played in between money, stocks and bonds?”
“Why am I advised to invest on mutual funds? Does it have anything to do with your compensation ratio?”
Ah, it started like this. The time I got concerned more about “after-retirement” cliché. A cliché, but more of an individuality thing it’s.
And, I was more interested in the funny myths that I came across.
1: I hire a financial planner because he does the job. That makes it easier to go totally-ignorant about it.
Sounds stupid, but loving it. LOLZ.
2: One good reason to hire a financial planner? What else it could be, apart from “advice” (of course, it’s doesn’t come for free ;)
Tax credits, returns, assets, bonds, retirements…bah! When did human brain get so complicated?
Pictures courtesy: WWW
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