Should You Trust a Financial Advisor or Take Charge of Your Investments?

When it comes to securing your financial future, the question often arises: Should I hire a financial advisor or manage my investments myself? Many assume that handing over their hard-earned money to a professional guarantees better results, but history and personal stories tell a different story.

Take the story of Dr. Linda Pajoel for instance. In 2008, she lost a major part of her wealth- not because she made bad decisions herself, but because she trusted the wrong “experts.” Her financial advisor, tasked with protecting and growing her investments, made poor calls that cost her dearly. Stories like Dr Linda’s, highlight the risks of outsourcing your financial decisions and make a strong case for learning to manage your own investments. After all, who’s more invested in your success than you?

If you’re considering whether to hire a financial advisor or take control of your investments yourself, here’s why the DIY (Do it yourself) approach is the smartest choice.

1. You Can Learn to Invest Smarter Than the "Experts"
Financial advisors often juggle multiple clients and don’t always have the time to deeply understand your unique goals and preferences. On the other hand, managing your investments yourself allows you to align your portfolio with your values, risk tolerance, and long-term goals.

The good news is, investing isn’t rocket science. With the wealth of resources available today, including free courses, books, and online mentorships, anyone can learn the basics of stock investing. By educating yourself, you gain the knowledge and confidence to make informed decisions that directly benefit you. Sign up on www.investornomy.com/stocks to get FREE Stock Investing Mentorship.

2. Save Money on Fees

Financial advisors don’t work for free. Many charge significant fees. It could be a percentage of your portfolio annually or high commissions for trades. Over time, these costs can add up and eat into your investment returns. For instance, if your financial advisor charges a 1% annual fee, that’s $10,000 per year on a $1 million portfolio—money that could be compounding and growing your wealth instead. By going the DIY route, you can eliminate these fees entirely and put that money to better use.

3. Avoid Conflicts of Interest
While many financial advisors have good intentions, some are given incentives to sell you specific products or investments that may not be in your best interest. These conflicts of interest can lead to subpar advice and, as in Dr. Linda Pajoel’s case, devastating losses.
When you manage your own investments, you remove the middleman and make decisions solely based on what’s best for you.

4. Gain Full Control Over Your Money
Trusting someone else with your financial future means relinquishing control. This can be risky, as advisors may make decisions you disagree with or fail to act in your best interest. By managing your investments yourself, you’re in the driver’s seat. You decide when to buy, sell, or hold, and you gain the confidence that comes from taking charge of your own future.

5. Learn From Mistakes and Grow
One of the biggest fears people have about DIY investing is making mistakes. But here’s the thing: mistakes are an invaluable part of the learning process. When you start small and gradually build your skills, you’ll learn what works, what doesn’t, and how to adapt. Over time, this hands-on experience can make you a smarter and more confident investor. However with a good investment training there is little or no room for mistakes or failure.

6. Technology Makes It Easier Than Ever
Today, managing your investments is easier than ever, thanks to technology. With just a smartphone and an internet connection, you can learn how to invest in stocks, research investments, track your portfolio, and execute trades from anywhere.

Dr. Linda Pajoel’s story is a stark reminder that even the so-called “experts” don’t always get it right. By taking the time to educate yourself and start managing your investments, you not only save money but also gain the priceless satisfaction of knowing you’re in control of your financial future. And don’t worry—you don’t have to do it alone. There’s an entire community of DIY investors who started where you are now and have successfully built their wealth with the right knowledge and tools

Investing in yourself is the best investment you’ll ever make. Start your journey to financial independence today by learning the ins and outs of stock investing.

Register now for FREE stock investing mentorship at www.investornomy.com/stocks and take the first step toward growing your wealth on your own terms.

​Your financial future is in your hands!