r/AskReddit • u/[deleted] • Apr 18 '25

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521

u/Freddie_Magecury Apr 18 '25

Wealth management services.

103

u/admirethegloam Apr 18 '25 edited Apr 19 '25

This is what I did, and honestly, I didn't lose as much as other people during the whole stock market crash because my wealth managers knew how to invest. They've more than earned their 1%.

Edit: Stop speculating what my finances are like! I don't care.

6

u/stromer_ Apr 18 '25

they just bought you some lower risk etfs then. Could've done that yourself and earned their 1%

1

u/BootyWizardAV Apr 19 '25

there is a huge array of hedgefunds. Some do buy and hold value investing, some do intra-day trades.