Any finance guys deal with American Funds? My guy is trying to get me in them now.
because they pay him well. a good pro-tip is not to have "a guy".
Agree. Disagree.
If you have an idiot guy, then I'd agree. I'd just make certain I knew why my guy was wanting me to do what he wants me to do. Always make certain you know how much money your guys is making. If you are paying him, you need to know how much you are paying him. How do you find out? Ask him. See how that compares to what it costs to invest on your own. If your guy doesn't bring anything more to the table than, "Hey, I think you should invest in American Funds," then you need a different guy.
Now, for several of you on here, I will agree that it is fine to go it alone, but you still need to make certain you know what your long term goals are and you have to stick to your plan.
Further advice, when crap looks the worst, invest more and if your plan is good and if your cheese has not moved drastically, invest in the same crap. Lots of dumbasses in my office moved their money to safety in Jan-Mar 2009. Some of them just moved it back into growth investments over the last year. They lost a lot of opportunity.