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Originally Posted by l2ridehd
You're probably right "outlaw" I was just trying to show an example of the way folks should be thinking about stocks and bonds. There was also a recent article on lazy portfolio's that showed how very simple it was to manage your own with low risk and decent returns. I like Bernsteins or Yale University and their are billions invested that way. Last I read, Yales endowment fund was something like 15.9 billion? And they use a very simple low risk way to manage it for the past 50 years.
The very most important thing people miss when deciding to go with any advisor is that higher returns ALWAYS equals higher risk. And it's not their money they are going to lose, it's yours.
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Yes. I agree with you regarding simplicity. I still don't know why people don't just buy Vanguard target retirement funds based on risk tolerance, which V also offers on their website. I think if people took their risk tolerance survey, they would invest much more conservatively. the target retirement funds do all the rebalancing for you, daily I think, via the underlying index funds. there is no additional fees other than the extremely low fees associated with the individual funds. So simple; so cheap. V is the only company that is owned by the owners of the fund shares, which are the investors/customers/us. There is no other Vanguard "company" that must show a profit for their "company" shareholders, as in all other mutual fund companies, as far as I know. There are no brick and mortar branch offices with overheads. There is minimal marketing expenses. It truly is about the only game in town that has these characteristics.