Life is short so we need to make the most of it. As an advisor, my role is to be a good steward of capital. If I could help clients set aside some of the stress and minimize the emotional turmoil and the accompanying mistakes brought on by market timing, would you give that a try?
The numbers prove time and time again, while advisors and/or investors might enjoy the thrill and challenge of trying to beat the markets, fewer than 9% of active managers in Canada manage to rise above the market average, and doing so on a regular basis – year after year – is even less likely.
In my recent article for Advisor’s Edge, I look at passive investing and why it’s good for both advisors and investors. It’s the philosophy we use here at PWL Capital and we see that investors get better results without the angst and uncertainty characteristic of the active alternative.
If your advisor can build a long-term plan that would see returns regularly rank in the top 10 percentile, wouldn’t you think that was worth a closer look?
If you can’t beat ‘em, then joining sounds like the way to go. Have a look at my article where I’ve laid out my case for passive investing being good for both advisors and investors.
Of course you’re welcome to comment and let me know what you think. Click here to read the article