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Reply to "if you have a financial advisor-question on fees from mutual funds"
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[quote=Anonymous]I generally think its a bad idea to hand your money over to an adviser when you don't get the basics of investing, and since you've been sitting out the latest run-up of the market, you're not going to find someone who's going to magically give you great returns now. It's really easy to Google a balanced portfolio - and I'm pretty sure Fidelity and Vanguard (and many other companies) have examples on their websites using both funds and ETFs. I would throw the bulk of your money into a Vanguard ETF portfolio. Then, if you're still compelled to hire an adviser, give him a small amount to invest in individual stocks. He should give you some general advice about your total financial picture (obviously in the hopes of getting more to invest, but please refrain from doing this for at least 5 years until you understand what you're doing a bit more). [/quote]
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