knucklehead 61
Recycles dryer sheets
- Joined
- Nov 3, 2008
- Messages
- 169
so i fired one of my money managers friday.
some background:
my 401k is with merrill lynch. from jan 1 '09 to dec 30 '09 it returned 30.74% after fees, while my taxable account (the now ex manager) returned 16.12% for the same period. both are diversified holdings largely made up of mutual funds.
any way, i am wondering about where to put the money. part of me wants to give it to my merrill lynch guy to manage while part of me wants to keep it separate & perhaps put it into vanguard funds due to their low expenses. i still have other iras, annuities, reits, & real estate holdings, but the taxable account is my 2nd. largest bucket of bux.
anyone offering opinions on this dilemma? any suggested vanguard funds to look into?
some background:
my 401k is with merrill lynch. from jan 1 '09 to dec 30 '09 it returned 30.74% after fees, while my taxable account (the now ex manager) returned 16.12% for the same period. both are diversified holdings largely made up of mutual funds.
any way, i am wondering about where to put the money. part of me wants to give it to my merrill lynch guy to manage while part of me wants to keep it separate & perhaps put it into vanguard funds due to their low expenses. i still have other iras, annuities, reits, & real estate holdings, but the taxable account is my 2nd. largest bucket of bux.
anyone offering opinions on this dilemma? any suggested vanguard funds to look into?