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*Time – Even if you want to “dabble” in the stock market, experts suggest you need at least 1 hour a week per stock you plan to research.
*Knowledge – There is a vast amount of highly specialized knowledge. Tax laws are constantly changing. Market conditions change.
*Desire – Do you really want to be spending your time monitoring your progress on your financial plan?
*Temperament – do you get emotional with your financial decisions? Do you compartmentalize or do you examine the big picture?