MT7 | When To Use A Financial Planner

Ding ding

It was a Whatsapp.

“Hey Amit, how do we know when to DIY our investments and when to rely instead on our banker or financial planner?”

“Ah,” I nodded sagely, putting down my paper and settling back on my overstuffed leather chair as I gently tapped the bowl of my pipe against the side table.

“Well, it depends-” I started to type.

“Heck, I’m late! Write it up on your blog, won’t you? I’ll take a look. Rushing to a meeting. Cheers!”

Ok, then. Here it is.

Discussion Topics: When To Use A Financial Planner

• Why you need to first be in control of your own finances
• Reason 1 of 4: Lack of time
• Reason 2 of 4: Access to research, insights and market-moving news
• Reason 3 of 4: Access to investments you can’t just buy on the open market
• Reason 4 of 4: A second opinion, that could make or save you thousands
• Make it a partnership, don’t just use them to get free advice

Hi, everyone, welcome to another episode of MoneyTok, where we help make personal finance and investing simple and accessible through both my own experience. I’ve been doing this for about 20 years now. This show is about money and wealth creation. And we talk about so many ways of making money, bought retirement planning about stocks, bonds, gold, real estate, crypto, so many kinds of things.