MOLDENHAUER & CO., INC.

FREQUENTLY ASKED QUESTIONS

Why should I hire a manager to make investment decisions for me?

For some people the answer is; "You shouldn't" These people have the necessary education, psychological discipline, and spare time available to perform the task of managing their own portfolio. Especially in today's financial arena, the tools available to the average individual investor are more than adequate to execute a well though-out investment strategy which will produce attractive returns without excessive risk.

Sadly, our society does not, at least not yet, provide the life-long stream of information necessary for its people to develop these skills and acquire the necessary knowledge. The pitfalls, scams, and complexity of the investment world seem to advance at a much greater rate than the education level of the general population, and the consequences of making a mistake are serious.

Life in today's world demands much more of our attention and energy than ever before. The workplace frequently takes most of the energy we have from day to day and what's left over is consumed by our attention to family, community, and leisure activities. This leaves little time for most people to devote to the education and discipline necessary to manage an investment portfolio. Many of us, as well, are simply not inclined to enjoy the understanding of these rather complex concepts, leading to a mediocre or bad result of trying to sandwich this effort into an already hectic lifestyle.

Once reserved for only the wealthiest clients, the idea of one person taking on the responsibility of investing another person's money is something that has begun to proliferate in the last decade. Competition among investment products and changes in the laws of the land have made it possible for responsible people to make a living as Investment Advisors, providing valuable service to those in need. Modern technology has reduced the expenses once associated with meticulous record keeping and the flow of necessary information has increased dramatically.

So, the answer to the question above is; You should hire an Investment Advisor if you want a greater rate of return on your nest egg than you can reasonably expect to get with the knowledge, experience, and discipline you already have.