Every year America has a national holiday to celebrate our independence. Over 200 years ago enough people were tired of being mistreated that they fought for our independence and ultimately signed the Declaration of Independence. Today everyone seems to be more comfortable than ever to conform and do what they are told even if it involves a bad deal. This is especially true in the world of personal finance. Many people are either not willing to learn or are too scared to do anything different then what their peers and family have done in the past. It is time to channel your inner Thomas Jefferson and draft your own personal declaration of financial independence!
Now before I get into why most financial advisors are not worth the money, I want to make one thing clear, there are times when you benefit by having an advisor on your team. I am not here to bash anyone or demonize an industry, I just want to inform the normal hard-working individual trying to do the right thing with their money. Hopefully this article can give you a better understanding of what type of advisor to use if any at all.