Would you go to a doctor who earned a commission for selling you drugs? The same can be applied to financial advisors.
At first glance it might not be the most relatable situation, but there’s actually an important lesson for all of us in the royal family’s crisis.
Recently, all the major discount brokerage firms stopped charging commissions. You might be thinking, “Hey, this is good news. It’s going to save me money!”
But here’s the problem with that:
What can my friend’s flooded basement teach us about financial planning? Watch this short video to see!