A finance influencer just told 100K people to put 100% of their money in ETFs and skip working with an advisor.
He’s not wrong about ETFs. He’s wrong about what an advisor actually does.
•Never panic sell
•Optimize their own tax strategy
•Rebalance on schedule for 40 years
•Sequence withdrawals perfectly in retirement
•Never get divorced, inherit money, sell a business, or face a single complex decision
How’s that working out for most people?
Truflation US CPI is 0.78% today after a significant wave of cooling across multiple categories:
- Housing (-0.20%),
- Utilities (-0.16%),
- Transport (-0.13%),
- and Food (-0.10%).
Our index often sees increased volatility on the 1st of the month as multiple latest data streams in, including rents, utilities, insurance, communications, and education fees.
@GovBobFerguson It applies to all Washingtonians - non-profits get hit with less contributions/giving, taxes ultimately get priced in to goods and services, Millionaires find loopholes not to pay(move out of state) WA decides revenue isn't enough and rolls the tax down to generate more revenue🔃