Quote:
Originally Posted by AMB444
Did you just stick with the same person from before you retired (stayed with employer advisor)?
Was there something about the one you have now? Something that they said that you decided to trust them and go all in?
What was important to you about what they told you during consults/phone conversations?
Are they basically all the same?
Also, if you "jumped ship" to another advisor what prompted that decision for you?
Thanks!
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I used to think I could handle it myself also, but the amount of time I spent payed very little. I still own stock in a treasure hunting company that has been successful until our government makes them give it back to a foreign country.
That being said, ETF's are the way to go. Edelman Financial Engines doesn't make money off of trades. They charge a flat percentage and my return has been over 6 percent including the fees.
Not saying my choice is the right one for you, but I got my time back and don't have to worry about my decisions or rebalancing my portfolio.
Just make sure you don't sign up with someone who makes money off of trades. There are a lot of schisters out there stealing your hard earned money and destroying people's wealth and retirement.
Good luck.