Does not need to be an entirely binary choice. Perhaps try directing new contributions to a new self-managed account, to gain comfort before transferring the entire balance?
Be careful in how you compare the experiences thoigh.
since your self managed account will (hopefully!) be a market index based approach. In the short term it might decrease in value while the advisor's special fancy fund goes up. The positive results of a low-cost, market based indexing approach will take a long time to show up. Likely longer than you should wait to make the decision to move.
Be careful in how you compare the experiences thoigh.
since your self managed account will (hopefully!) be a market index based approach. In the short term it might decrease in value while the advisor's special fancy fund goes up. The positive results of a low-cost, market based indexing approach will take a long time to show up. Likely longer than you should wait to make the decision to move.
Statistics: Posted by one_speed — Sat Jun 22, 2024 7:09 am — Replies 17 — Views 1910