[Stu from NYC]

Originally Posted by CFP James

After 36 years of Mutual Fund experience, I would recommend a SMA (Separately Managed Account) with a manager that only purchases Dividend paying companies.

If Manaboutown has over $300,000 to invest, the SMA is less expensive and a better alternative to a Mutual Fund.

I wish lower minimums were available for SMA's so more investors could experience the benefits of personally owning shares in each of the stocks chosen by the manager of the SMA.

I like a mutual fund as it spreads out the risk by investing in a basket of stocks.