Get Wise to Your Advisor (ePub)

The financial services world is changing. Technology is enabling
an automated approach to investing that should bring down the cost
of commodity services. No longer do you have to fund the
lifestyle of a broker or advisor to have him tell you how to
diversify or where to find the next investment that cannot be
missed. This book will provide the tools for calculators that
tell you most of what you need to know; from how much insurance you
need to have to how you should diversify. The book will help
readers with the following:

* Understand what you have

* Plan your long-term goals

* Start to save (maximizing your 401k)

* Reduce debt

* Run your Monte Carlo Simulation

* Determine the appropriate asset allocation

* Set up your auto-rebalancing and periodically (annually,
perhaps) re-examining your asset allocation to account for
globalization

* Deploy the asset mix through low cost, tax-efficient
strategies

* Look at it once per year

This book will provide a better understanding of your investment
decisions. But, we all cannot be do-it-yourselfers. Advisors serve
as an important resource for consumers when they are both capable
and understand their duty to serve you, the customer, first.
To complement their moral station, they must have the skills to
deliver appropriate advice. The book, much like the company
Steve founded, will simplify standards for consumers and audit
advisors to those standards.