Quote:
Originally Posted by rubicon
Is your adviser charging you a fair price and providing the services you want and need?
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What advisor? I've never had one and I have never been in a mutual fund of any kind. I only bought some treasury bonds once, many years ago, and I have never bought any foreign stocks. I've never been widely diversified as mutual funds are. So, I should be a big loser, right? Wrong!
When I got serious about investing, about 30 years ago, I picked individual stocks, mostly big cap stocks of well established companies. These were companies with a good track record. Did I make mistakes along the way? Sure, I made plenty but I learned from them. And now I couldn't be happier with the results.
I'm not saying it's for everyone but it can be done if you have the time, knowledge, interest, fortitude, patients etc..