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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Best Robo-Advisor: Ultimate Automatic Wealth Management

Best Robo-Advisor: Ultimate Automatic Wealth Management

Paperback

Personal Finance

ISBN10: 1537111957
ISBN13: 9781537111957
Publisher: Createspace
Published: Aug 18 2016
Pages: 68
Weight: 0.23
Height: 0.14 Width: 5.98 Depth: 9.02
Language: English
Use the Best to reach your goals Ultimate Automatic Wealth Management Fidelity found that their client accounts that were most successful were those put on automatic-left alone-forgotten. The stock market is a device for transferring money from the impatient to the patient. Warren Buffett Buffett claims that his holding period is forever. He advocates compounding (allow earnings on earnings to grow exponentially): My wealth has come from a combination of living in America, some lucky genes, and compound interest. Robo-advisors work because money does NOT trade, rebalance, market time, buy high-sell low or sector rotate. It compounds. Yes, it is counter intuitive and it violates every 'rule' of Wall Street. Leaving your money alone to grow by compounding the earnings is easy - but HARD. Human beings do not control their emotions -- fear and greed win out every time. In fact, the average investor earns only 3.79% annually (vs market returns of 11.06%) according to DALBAR's QAIB for 10, 20, 30 years. Ultimate Automatic Wealth Management

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