Quote:
Originally Posted by J1ceasar
as several people have already said, if you have that much money I won't worry about another five or $10,000 coming out if you're going to earn $40,000 a year minimum on a million.
However I don't know why you need someone to manage your money. As you get older you're supposed to simplify your life and personally if I were you I'd end up with half a dozen ETFs and a few bond funds and not worry about anything anymore. ETFs are extremely inexpensive much less than mutual funds and they trade It whatever the market is at that minute.
Hope I've saved you 10 to $20,000. As most people will say if you've earned the money I think you're pretty smart enough to do it on your own and it really does not take that much time.
|
If your assets are with Vanguard, their index mutual funds have a very low cost and they are comparable to their ETFs.