19 May Why your Financial Advisor is important
We outsource the job of “filing taxes” because any error will be awarded a penalty in our near future. So our tax consultant, company secretary, auditor becomes indispensable service providers. We even tolerate their moods without a complaint & dare not question their decisions. Our fear keeps us in check.
But when it comes to our investment advisor, we expect him to be at our beck and call, question his decisions & find fault with him because the penalty is in the distant future and this feeling of ‘distant’ evaporates our fears. However, we should never forget the penalty of the distant future is the most painful, 100% irreversible and belongs to none other than us.