Fisher Investments - The One Biggest Mistake This Investor Makes

You probably have seen on TV or heard on radio about Fisher Investments' investor's guide, The Eight Biggest Mistakes Investors Make And How To Avoid Them. Let me tell you how to avoid The One Biggest Mistake This Investor Makes And That Was I Hired Fisher Investments.

Consider their results here. In 4 months, they managed to lose 19.7% of my assets. Well, you say "but the market was down". True. During the same time period, NASDAQ was down 10.4%, Dow was down 11.4%, S&P was down 10.9%, and even MSCI, which is Fisher's benchmark was down 16%. Clearly, it was not beating the marketing, but in fact, losing badly.

You say, "Well, 4 months is too short". That very well be true, but I only have so many 20% for them to lose. Considered that they were at par with S&P no too long ago, but the gap kept widening and widening to almost double. I have no choice but say "Ken Fisher, You are Fired!".

Then, amazingly, my Investment Counselor took action so quickly that I've never seen before. That was to collect their fees. Hmm!

I am not drawing any conclusion about Fisher Investments, but those are the facts. You decide!