I want to do the same as I have a dozen or so mutual funds that are managed with a financial advisor at Edward Jones. broad-market low-cost. The comparison between individual stocks and broad-market ETFs is like the story of the hare and the tortoise. Each year, a stock picker can. Foo is so much simpler than that gigantic flowchart from the personal finance reddit. broad-market low-cost indexes, diversified. I started my Solo K with Broad Financial in They've always been there to provide support and answer questions throughout the years. I don't think the advantage is in managing my index funds better. For me, it is about having someone with insight to my broader financial life -.
involga.ru FI/RE (Financial Independence / Retiring Early) is a money strategy that's. money - our advice: keep it! How? Investing in broad-market low-cost indexes, diversified between equities and fixed income. Buy, hold, pay. I know the financial subreddits get randomly hit with inheritance/windfall questions often. I have let months pass since my parent passed. That said, I do agree that this little corner of reddit sometimes confuses what people theoretically could do for themselves simply and cheaply. Advertise on Reddit They will sell you low fee index funds that outperform most managed funds that financial advisors push because they can. Low cost broad market based index funds are the way to go in all investment accounts - taxable or non taxable. However, you will see evidenced. Early 30's, single income, 2 Parents, 3 kids under 5y/o, HCOL. In for some crowdsourced financial feedback from my peers. Only read the title, but the answer is almost always yes. Certainly is yes if you're at the level of wealth that you're asking Reddit for advice. Once your Fidelity brokerage account has about another months of spend in SPAXX, then buy a broad index fund and add $$$ to that. Fully fund. Look elsewhere. Rather go with either IRA Financial, or Broad Financial. IRA Financial let's you invest directly with Gemini platform. Full disclosure - I'm an independent planner. I provide counseling on a wide variety of financial topics that span a clients lifetime. I get.
Advertise on Reddit · Shop Collectible Avatars Investing in broad-market low-cost indexes, diversified between equities and fixed income. I've narrowed it down to two custodians: Broad Financial and IRA Financial Group. They are both highly rated and have A+ ratings with the BBB. I used Broad Financial/Madison Trust to set one up and LLC. You end up having a bank account with another company for all the $$ transfers. CFP lends a little more credibility, but I think the best way to judge financial advisors (in a broad way) is how they are compensated. I am considering 3 broad long term plans for FIRE where 60%+ of my earnings go into savings. Property focussed: year aggressive mortage on an inexpensive. You'll get mostly negative opinions on planners on Reddit. My wife has a planner and they tax lost harvested this year to get us an insane tax. He goes into detail about each side and concludes that the Broad Financial plan is vastly superior. For instance, whereas they charge % asset-based fees we. another ira group says yes, but digging with them i'm not really blown away. lopp's rec of broad financial is expensive. any recs? I would say 10% in any broad market index will not necessarily hurt your portfolio. I see it as a good starting place.
r/Fire: FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. It's not easy, but it is simple: earn more. Broad Financial/Madison Trust is legit. You can use Bank United for the business checking account. Fees suck: If you're in CA the $ LLC. Advertise on Reddit · Shop Collectible Avatars Investing in broad-market low-cost indexes, diversified between equities and fixed income. If I ever need the services of a financial advisor again, I would go back to him. a broad market dumb index (or equivalent asset allocation of. Financial advisors work in the financial services industry and are essentially financial It's not a very broad major and not even in the.
Any recommendations on diversifying my portfolio? I think I could add some etfs for tech (VGT), finance (VFH), telecommunication (VOX) or. financial things but figured I'd post that for whoever see's this later Using broad-based, low-cost ETFs or index funds you can probably. My mother-in-law has fallen in with a group that charges her what I consider outrageous sums of money for a financial investment “education”. You just need to open a brokerage account at Charles Schwab, Fidelity, or Vanguard, and invest in a tax-efficient broad market equity ETF or two. 5 years ago I invested $34, in mutual funds with a friend who became a part time financial advisor with WFG. broad based ETFs with low MERs.