[golfing eagles]

Originally Posted by rsmurano

I use a brokerage house to make trades, I don't use a broker.
I have more knowledge than the professionals that used to handle my friends accounts. Also, I would be a more knowledgeable professional investor than a professional working at a brokerage house. Why? Because I know what I'm looking for, I know my risk level, and I know what I want to invest in. I don't need somebody I don't know to tell me how to invest. For example, you mentioned a large team of professionals, I will never go with a large team, which means I will never go down the active fund route, mine are all index funds if not individual stocks.

Also, all my life I have ignored bonds and the last couple of decades, never been in a target or balanced fund. Why? They don't make you money. When I'm fully invested, I go for the index funds and stocks that I have been in for 1 or 2 decades that keep making me 30+% in good times or in stocks that make me more than that. Then the last few years, I get out when things don't look good and get back in when I think I can make good money, if its a sideways market, I'll be in money market funds until its time to invest.

I used to keep my portfolio intact during the 3 big downturns in the last 24 years and it worked out to stay in. Now, I don't want to wait years for my portfolio to recover.
Will a team of brokers direct me to do this? No way.

So, in other and fewer words, you do think you know more than the professionals. OK.