Every week I’m asked:
How do I check if my investment advisor has given me good advice?
How is your investment portfolio performing against the index (or average) of the markets in which you are invested?
And in my experience, the majority of people I ask tell me that they don’t know.
There are other factors that determine good investment advice besides performance. But it surprises me how many intelligent people don’t think to check the performance of their portfolio against the average market return. Especially when they’re paying an advisor a fee for investment advice.