October 5, 2011
SAN FRANCISCO (MarketWatch) — Don’t trust anyone over 30. That was a rallying cry for the counterculture 1960s. But nowadays, people seeking investment advice probably should be suspicious of anyone under 50.
“The older you get, the smarter you get,” said Harold Evensky, a 69-year-old financial adviser based in Coral Gables, Fla. “I think I am a significantly better practitioner than I was 10 or 20 years ago. That comes from experience and from the fact that I continue to read [financial] journals, talk to people and teach a graduate course.” (Evensky is an adjunct professor at Texas Tech University in Lubbock, Texas.)