Investing General Discussion

Gravel said:

Absolutely this. The only way I'd ever recommend someone talk to a financial advisor is if it's a flat fee. That actually makes sense (ignoring that I'm still dubious of the value of an advisor). A percentage of your portfolio is a ridiculous way to pay for financial services.

It "makes sense" if you're absolutely trying to wring as much money as possible from your clients.

Click to expand...

I'm actually using the advisors at personalcapital.com for the first time. It isn't the worst thing as they only charge you a percentage for the accounts they actually have custody over but still give you investment advice on your total net worth. For most of us, we will always be in the 0.89% bracket, but again it's on a much smaller basis since I have a healthy chunk of my savings in 401k which they do not have control of and thus give "free" recommendations for.

The things I really like is their tools allow a much easier analysis of my entire portfolio. Their website hooks into your bank, 401k, credit cards, and brokerage accounts to pull and analyze data real-time. You can then get an accurate analysis of which market sectors you are invested in and make smarter decisions across the board. It's also nice since they cannot make changes to your other accounts, so it gives you a reasonable proxy to login at their site to view activity on your other accounts (I am careful not to login to my financial accounts more than necessary...paranoid maybe, but that'd be my luck to have an account compromised).

I also appreciate that their strategy is really to level-load market sectors (adjusting short/long for your risk tolerance) with the idea that on a given year, some sectors will do good and others bad. I think it's somewhat intuitive that this ebb-and-flow will exist and diversifying inside a sector protects you from a single company wrecking you and across sectors avoids a sector bubble. They then manage the tax loss portion of this for you with the objective of driving a net 0 tax impact. This is something I really don't have time to do, but feel between that and their balanced investment mix they can easily make up the $1500 or whatever a year it costs me to use their services.

It's worth a look even if you don't use their advisor services because the tools are free to use.

Yeah, a nice 10%+ correction would be good.

I made a shit ton of unrealized gains in the August 2015 and the January 2016 ones (DCA'ing with monthly 401k/TSP).

Where the pot at?

Should I buy CDBS ? allegedly Gary Johnson is an investor. Pot is going to be huge once legalized

It depends on what the index is tracking.

You can find index funds that track very broad asset classes, and some that are very focused on one small one.

Morningstar is a good website to do some research as they'll show you what sectors, asset allocation, and market cap the fund is invested in (click the Portfolios tab).

Chk has been raping me for years.


Up 17% on wdc thx Furious , time to sell?