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Should you hire a financial manager for your personal investments/savings?
Asked by Nuggetmunch (511)
February 13th, 2020
My dad lost a lot of money (a couple million USD in today’s money at least) when he sold his personal investments. He didn’t hire anyone who understands inflation or the real estate market, or stocks. He just sold his investments whenever he found buyers. Finance or business isn’t even remotely his subject either. Should one have a personal financial manager? Or is that too extra? And what would be an “appropriate time” to hire?
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