return2ozma@lemmy.world to Dank Memes@lemmy.world · 8 months agoThe future looks bleak...lemmy.worldimagemessage-square33fedilinkarrow-up1827arrow-down114
arrow-up1813arrow-down1imageThe future looks bleak...lemmy.worldreturn2ozma@lemmy.world to Dank Memes@lemmy.world · 8 months agomessage-square33fedilink
minus-squareSelmafudd@lemmy.worldlinkfedilinkarrow-up18arrow-down2·8 months agoHonestly these guys would be the easiest shit for AI to replace right? Even if the AI just picks ETFs it’ll beat most of them anyways
minus-squareCornelius_Wangenheim@lemmy.worldlinkfedilinkarrow-up22·edit-28 months agoThey were already replaced nearly 50 years ago when index funds were invented. There’s tons of data showing that financial advisors perform worse than a simple low fee index fund.
Honestly these guys would be the easiest shit for AI to replace right? Even if the AI just picks ETFs it’ll beat most of them anyways
They were already replaced nearly 50 years ago when index funds were invented. There’s tons of data showing that financial advisors perform worse than a simple low fee index fund.