{"id":155,"date":"2014-09-16T00:00:59","date_gmt":"2014-09-16T07:00:59","guid":{"rendered":"http:\/\/staging-prblog.paladinregistry.com\/blog\/?p=155"},"modified":"2024-02-29T06:46:49","modified_gmt":"2024-02-29T11:46:49","slug":"investor-apathy-creates-major-financial-risks-updated-sept-2014","status":"publish","type":"post","link":"https:\/\/www.paladinregistry.com\/blog\/investing\/investor-apathy-creates-major-financial-risks-updated-sept-2014\/","title":{"rendered":"Investor Apathy Creates Major Financial Risks"},"content":{"rendered":"\n

Every year Paladin<\/a> provides education to thousands of investors who use the services of financial planners, financial advisors, and money managers. Our experience shows 90% of these investor need a New Year\u2019s Resolution that we call \u201cGet Involved Before It Is Too Late\u201d.<\/p>\n\n\n\n

It is easy to turn all of your investment work and decision-making over to financial professionals who claim to be investment experts. They actually volunteer. Delegating work and decision-making make a lot of sense for most investor. That\u2019s because it is a lot easier to select a financial advisor than it is to learn to do the advisor\u2019s job yourself.<\/p>\n\n\n\n

You can delegate work and you can delegate decision-making, but you cannot delegate two critical decisions. The first decision is the professional you select to be your financial advisor. The second decision is retaining your current advisor for the right reasons. In other words, only you can hire and fire advisors<\/a>.<\/p>\n\n\n\n

How about the following for a New Year\u2019s resolution? \u201cI am going to become more knowledgeable about the three biggest investment issues that impact the achievement of my financial goals: Investment performance, investment expenses, and investment risk\u201d.<\/p>\n\n\n\n

\n

Table of Contents<\/p>\n