Re:Ask HN: I have $1M cash in my bank. How can I stretch it ...
by ac29 on Sunday November 29, 2020 @01:31PM
(#25246924)
Specifically, if you get an advisor, a "fee-only" advisor (charging a flat fee or hourly rate). Many (most?) financial advisors will be more than happy to charge you 1%/year or more for the rest of your life, which is going to be a major expense and drag on returns for someone with $1M+.
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