this post was submitted on 30 Dec 2024
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[โ€“] bluewing@lemm.ee 4 points 1 week ago (1 children)

But you do need to be smart enough to hire good trustworthy finical advisers. And the more people you need to hire for a task the greater the chance of hiring poorly.

[โ€“] Passerby6497@lemmy.world 2 points 1 week ago

People investing any amount of money with someone need to make sure they're using a fiduciary advisor, because they are supposed to act on your best interests with your money. Non-fiduciary advisors can funnel your money into vehicles that enrich them at your expense.