Quote:
Originally Posted by retiredguy123
I have been a Vanguard client for more than 30 years, and I have invested in nothing but index funds. I never saw any need to use their advisor services or to buy any actively managed funds.
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I have an IRA with Vanguard that is in a few ETFs, most of which is the S&P 500(VOO) with some VTI and a few others.
I also have a post tax brokerage account. This is a much smaller amount that I've just added in over the years. I play around with various funds and some stocks and such.
The returns on the IRA are better than the other account as a percentage. I have made some real leaps in the brokerage account, like buying Nvidia before the recent split but they don't account for some of the dogs that have wallowed about for years, with meager gains.
To that end, within the last 2 years, I've just been adding to VOO and look at that...the returns have improved.
I don't know how much better than my current I could do and still have some security that it's not going to evaporate in a downturn.
Michael Saylor, a Billionaire describes the market this way. "You have a 500 stocks, 8 winners, 492 losers and with an active manager, when the winners outstrip the losers and the percentages get out of a certain ratio? They will sell some of the 8 winners and buy more of the 492 losers. It's Idiotic"