I’ll Bet You $50 You Don’t Need a Money Manager.

by Nick Harris on March 31, 2010

in Finance

Who needs a money manager these days? Only crazy people! Yeah, it turns out that if you really want to do well with your investments, and to really sleep peacefully at night, you don’t have to think much about a money manager anymore. We put together 5 really clear reasons as to why that is!

#5: Money Just Sorta Takes Care of Itself.

It’s not dangerous to just plop your money in a shoebox and stuff it under your mattress anymore. Now, it’s a perfect idea! Why? Because apparently that money can just sorta manage itself! What? You’re expressing doubt about the inherent, amazing abilities of money? You’re crazy!

#4: Who Ever Said Finance is Complex? Bah!

Ah, come on, finance isn’t so complicated, right? Just get some money, wait a bit, and then suddenly — I’m not sure how, but it’s something to do with magic & numbers — you’ve got _more_ money! If there are any additional steps in-between getting the money and the richness thing, I haven’t heard about them.

#3: It Was those Darn Money Managers that Made This Mess!

All those fancy guys on Wall Street, the ones doing the derivatives trading and taking huge positions on inherently risky investments? They were just doing their jobs! No, it was those pesky money managers, looking out for the interests of middle class families and their investments, that must have really caused the crisis. How, you ask? Well, uh… let me get back to you, I just have to shuffle these papers in order to find an answer!

#2: Duh, Recessions Don’t _End_!

These recession-thingies never really end, right? I’d say the best course of action is probably just to plop all of your money into a time capsule, get down into your fallout shelter, and check back with us in about 50, 60 years. Your money should still be good and hopefully things might have worked themselves out!

#1: Advice Never Got Anyone Anywhere.

Forget all that ‘advice’! Who says a good money manager is qualified to give you advice, anyway? What’s that? He’s trained in the industry and has a lot of experience and knows what he’s doing? Really? So he can actually help my money grow? Ah, maybe I should reconsider this last piece of advice, then. Nah!

A good Money Manager is hard to find, this is the reason why you need to do proper research before hiring one. You will find online resources such as MoneyManager.com extremely helpful when looking for a Dallas Money Manager or any other area manager.

Mentions about us on the Web;

Find more articles about

Finance

Leave a Comment