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Not everyone has the time or the capability to educate and take time to invest for themselves. Hence, the reason there still is a lot of people who flock to big banks to have advisors do their investments.
If you're going to an advisor who only sells mutual funds, watch out for which one they put you into. A lot of them don't know what they're talking about and have no clue about the markets. I, myself, was a victim until I started to take the time to educate myself. Ask the advisor about index funds - if they steer you away from them, then you know there's something up.
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