Ric Edelman once said that there are three key things you must have to be a good do-it-yourself investor: time, desire and knowledge.
Maybe that was a good option a decade ago. But today, time, desire and knowledge are not sufficient to rival some of the best options for managing portfolios. Technology now offers a better option than a flesh-and-blood human constantly monitoring positions. Its typically faster, more robust, less emotional, less likely to be biased and can work across thousands of accounts concurrently. And it can help you serve many more clients than you ever could alone.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access