Financial planning, an outcropping of the services typically provided by a stock broker or account executive, include investment advice, insurance sales, retirement planning, and various other assessments and planning to meet financial goals.
David Ning disagrees with both arguments that active investors use. "If you've written off index funds in favor of active management, consider these arguments for indexing."
"Index investing can be a tricky topic to tackle at parties, but I love telling people about the strategy because I want my friends to benefit from their money working for them with less stress than investing in active strategies. I admit it can be tough, though, as the conversation can sometimes turn people away. After all, many people develop misconceptions about index funds and have written them off as an efficient way to build wealth. I outline a few common misconceptions about investing in index funds below. How many of these have you heard?" get the details at: http://money.usnews.com/money/blogs/on-retirement/2014/08/13/4-common-misconceptions-about-index-investing