Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: Ditching your Financial Advisor??
Old 11-11-2005, 01:51 PM   #21
Recycles dryer sheets
 
Join Date: Feb 2005
Posts: 454
Re: Ditching your Financial Advisor??

Quote:
Originally Posted by LOL!
Who are you agreeing with? I don't think I wrote that they were better than non-ETF index funds.
I took your words "interject here in this Vanguard lovefest" to imply that you were listing an alternative that might be better than a Vanguard fund. (Doesn't mean always better) And that maybe you weren't aware that Vanguard itself has very good ETFs. Sorry if I misunderstood you.
__________________

__________________
lazyday is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Ditching your Financial Advisor??
Old 11-11-2005, 02:24 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,914
Re: Ditching your Financial Advisor??

For those of you who think I am a party to the Vanguard 'love fest' I would like to describe what I see as a difference.

I am a Fidelity customer, have been one for many years, but have recommended Vanguard from time to time.* Several years ago I moved my mother's accounts to Fidelity (from her saftey deposit box) because they have investor centers in many cities and there was a person she could sit down and talk with.* That personal contact meant a lot to her.* They contact me from time to time when they see her cash accumulating and give me suggestions. Their financial advise isn't bad, but over the years I have noticed that they do mention their own funds before others.* Fidelity seems to have noticed that Vanguard is eating into their market and is offering low cost index funds.*

So... both are good firms.* If you want or need to meet with a person face to face Fidelity is where to go.* If costs (however small the difference) matter more than personal contact Vanguard it great.
__________________

__________________
Duck bjorn.
Brat is offline   Reply With Quote
Re: Ditching your Financial Advisor??
Old 11-14-2005, 02:18 PM   #23
Recycles dryer sheets
 
Join Date: Jun 2004
Posts: 62
Re: Ditching your Financial Advisor??

I had a financial advisor once. He was excellent. I let him go after about a 1 1/2 yrs. because I did not want to pay the 1% fee. As they said in one of the popular books, portfolio managers don't create returns, markets do. So good asset allocation is what you should be striving for.
__________________

__________________
oldcrowcall is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Financial advisor scores another victim samclem FIRE and Money 4 07-21-2006 11:58 PM
PeopleSoft/Oracle DBA to Financial Advisor cube_rat Young Dreamers 7 03-21-2006 05:05 PM
My Goal: No more financial advisor rip-offs SamHouston Hi, I am... 31 02-17-2006 05:39 PM
Poll: Would you want to be a financial advisor? just_hatched Other topics 5 09-16-2005 06:16 PM
Financial Advisor (CFP) Horror Story intercst FIRE and Money 7 07-28-2005 05:55 PM

 

 
All times are GMT -6. The time now is 10:54 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.