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Archive of entries posted on 29th January 2015

Should you ever employ a money manager?

I just fired my last money manager. He had performed miserably in the past year. He is down. His “benchmark,” the S&P500, is up. I hate paying someone to lose my money. And of late, he insists on being paid — whether he loses money, or not. The “profession” of being a money manager stems […]