Those who have been following my blog for a while may have noticed that I’ve been covering more financial topics in recent years. For years, I trusted an MLP financial advisor, and while I did set many things up correctly because of that, over time, I started feeling increasingly uncomfortable, sensing that he wasn’t telling me the whole truth. Last year, I parted ways with him and MLP after I got fed up with the constant chatter about how great a fund manager was doing his job and how his 2.4% markup was worth it. A consultation with an independent fee-based advisor (note: many claim to be independent, but true independent advisors are paid by the client, not by commissions from insurance companies) revealed just how much my financial affairs were being managed to my detriment. I will write more about this later, but today, I want to focus on one specific area: stocks, funds, and ETFs. And I deeply regret not having read Graham’s book much earlier.
Continue reading “Is Graham’s “The Intelligent Investor” still relevant?”Is Graham’s “The Intelligent Investor” still relevant?
