You need a financial advisor like you need a hole in your walllet

 

The world if filled with financial advisors.  If you're super high net worth and you can afford somebody like Felix Zulauf you'd probably do well over time.  But if you're super high net worth you're probably fine no matter what happens.  

If you're an average investor the last thing you need is someone to take money from you to give you advice on how to beat a 100 percent correlated world of paper investments.  If the Fed is tightening they all go down together.  If the Fed is easing they all go up together.  Until there's so much debt financialization dies.  We may be about there.

If the advisor is a proffessional advice letter writer you have to ask yourself why in world, if they know anything about anything, aren't they making money for themselves in the markets, instead of trying to dupe you into giving them your money.

Oh, because they want to help.  I see.  Help themselves to your money.

So what do you do?

You take control of your own finances and invest in something you understand.  If you don't understand anything at all, you're a lost cause anyway.  Stop reading,  But if you're a dancer, you know dance: if you're a musician, you know music - and musical instruments - and probably records and maybe even music memorabilia.  That's where you start building a valuable collection of real hard assets that you love and understand.  

Over time these will become valuable if you indeed have an understanding of what you're buying.

I love history.  I love music too.  But I started out buying artifacts that have a direct bearing on some of the historical periods and figures I find fascinating.  Coins and Medallions.  It has provided a wonderful living which I find endlessly fascinating.  It's not work for me.  It's fun.

If you're fascinated by death, for example, that sounds morbid.  But each to his own.  There are so many diffeerent type of death related artifacts that people collect.  Skulls, bones, taxidermy, shrunken heads, hair lockets, books of spells, death masks, death medallions... If they're historically important they will appreciate over time.

If you're a scientist, there are collectors of scientific instruments, of rare minerals and gems, of space rocks and space memorabilia, of award medallions and notebooks with hand written notations from breakthough discoveries.  

If you're fascinated by food or wine or sports - gosh - there must be some area you can study to the point where you know more than most.  If you're not able to do that - stop reading.  But if you are, start reading.  And never stop.

Ultimately everything you need to make a fortune is to be found in  BOOKS.  Maybe you can supplement that a bit on line.  But if it's on line - everyone already knows it, and it's probably innaccurate.

In fact, Books themselves are a wonderful investments.  If you happen to know everyting there is to know about books.

So get reading.  It's fun, and it just may help you accumulate hard assets that will make and save your fortune.