Investing-related posts.
Percentage-based financial advisors often masquerade as essential partners in wealth-building, yet their fee structure is a quiet, relentless drain on investors’ financial futures. These advisors typically charge an annual fee of around 1% of assets under management (AUM), a figure that may appear small but compounds into an enormous sum over time.
Technical analysis, a method of evaluating securities based on statistical trends derived from historical trading activity, has long been a polarizing topic among investors. Proponents swear by its charts and indicators, claiming it can divine the secrets of market movements. Critics, on the other hand, argue that technical analysis is about as reliable as reading your horoscope—an appealing fiction that ultimately offers little more than a false sense of control. This essay dives into why technical analysis lacks merit, thrives on dubious assumptions, and serves as little more than a psychological crutch in the chaotic world of investing.
