Quote:
Originally Posted by rjm1cc
Looked at then a while ago but felt they were too expensive. The fees you pay to the advisor and the manager of a fund are very important in deterring how well you will do over the years. As fees go up the ability to beat the market return goes down.
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There have been many studies that show that about 95% of all financial advisors NEVER beat the market. So, just go with an ETF like SPY. I try to allocate no more than 10% of my portfolio to individual companies. That way you can cut down on risk, but still enjoy the interest and excitement of owning some individual stocks. I often own BRK.B
......Incidentally, this would seem to me to be a risky time to be buying tons of stock. Many experts are predicting a worldwide slowdown (recession) or even a depression. Good luck with buying now. The market may be decreasing, but I imagine that it has a further way to drop!