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[quote=OTAlexFA][quote=Anonymous][quote=OTAlexFA]So as to not continue quoting such long responses, I will say that we are on the same page, yes.  Steeped investors like yourself who are passionate about doing it themselves would likely not need an advisor, unless there was some area you thought were lacking (planning aspect, insurance, estate, etc.).  Everyone should be so knowledgeable.  (Well, maybe not, because then I'd be out of a job.)

My concern lies when people throw around recommendations on here without knowing the depth of what the concerned is asking.  People immediately shout "index funds!" when it isn't always the right answer.   [/quote]

Obviously people have different desire/need to take risks, but I have a hard time thinking of a situation where an equity index fund is not appropriate for the equity portion of a person's portfolio (esp. for people coming on DCUM to ask questions).  Care to suggest one?[/quote]

Sure.  I would say anyone looking to get involved right now with a 3-5 year time horizon.  The market environment suggests it is currently a stock picker's market.  So, active management for that hypothetical client is where I would lean.  That being said, I wouldn't concentrate any equity position into a singular fund, index or otherwise, unless the level of assets is too low and limits our options.  [/quote]

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