Significance of Good Advice
1) Investing is like driving a car
2) Speed is like Returns
3) Accident is the Risk
4) Faster you drive your chances to meet with an accident is higher
5) But the outcome of driving faster with less likelihood of meeting with an accident also exists
6) So how can this happen??
7) By building better road infrastructure like Expressways and other facilities like signals etc.
8) In investing this is akin to having a good advisor who uses scientific methods to manage your investment
9) He is like the expressway example
10) His guidance will enhance the quality of Money Management, improve returns but not cause accidents
I rest my case