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Being Your Own Money Manager

Being Your Own Money Manager

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Pursuitist Luxury Best Luxury Blog

A look at how you can manage your own finances.

Paying a professional investment adviser to manage your money can easily cost you 1% of more of savings a year. Go with a full-service brokerage and the fees and commissions can run double or triple that. On a $250,000 account, that means shelling out $2,500 to $7,500 annually. Here’s another idea: Become your own money manger. The tools available online–many for free–are better than ever. So good, in fact, that you can easily avail yourself of data and analytics as powerful as what the pros use. – From Forbes