Quote:
Originally Posted by glsatterlee
As another person said on this post, Fischer does not make cold calls. I have been with them for 12 years. We are up 26% YTD. Put that into your calculations.
|
Ok, technically you are correct. But I know for a fact, after you ask for your brochure just to read a different perspective, Fisher will keep calling you multiple times a year trying to get your business even when you say no.
If you want facts, look how Fisher did back in 2007/2008, they were down huge, then add their fees on top of that.
FISHER FLOUNDERS
Just 1 more thing: Fisher advisors are supposed to be investor experts, so when you say you made 26% this year, which is ok, but let’s compare that to my Meta, Apple, and Tesla holdings this year. 26% is peanuts. Ok, ok, let’s compare my go to funds like Vgt or xlk to your 26% gains: Vgt is up 36% over 1 year and 20% over the last 10 years; xlk is up 38% for last 1 year, 20% over the last 10 years, both at .10% expense. My Swppx index fund is up 20% with a .02% expense fee, which I have held for over a decade. Same for either xlk or Vgt. I got out of apple 18 months ago and then bought back in when it came down to the $120’s late last year, it’s over $190 today. Tesla, meta, nvidia, and a few others have been gold mines this year.
For the people that hire an investor advisor/broker, did your advisor/broker recommend, at the beginning of this year, to buy meta, apple, nvidia, Tesla with every dollar you have, NO! You being in charge of your investments, you have the power to buy what you think will grow, short term or long term.