Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "If you have a net worth of 1.4 million at 44"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]A money manager is going to leach about 1% in fees off the top of that money and not add enough value to pay for that. Better plan: put it (the investments anyway) in a roboinvesting platform like betterment or wealthfront - they have a simple questionnaire to determine your goals and timeframe and then will do the actually valuable things FAs do like keep the money appropriately invested in low cost investments, balanced, and handle tax loss harvesting - for a much much lower fee than 1% We have multiple millions in liquid investments and we still just do this - studies have shown over and over again that human FAs just aren’t worth the money [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
