It's your future. Did you take an active role in your future when you were in college learning all that BS?
Basically I got to the point I couldn't afford to NOT know what I was doing. My future is quite valuable. It started with me talking to a FA and then I found this forum, and less than 6months later the rest is history.
1. Setup a spreadsheet
2. Log into all your accounts, update your benificiaries and record your current investments and allocations in a spreadsheet
3. Once you have record, you have a benchmark. You will feel a lot better once you reach this step. Trust me I felt great.
6months ago I wasn't able to tell you my wife and I's net worth, however now I can tell you at any given moment how much we gained or lost in the market that day, week or YTD, I can tell you my A/A (asset allocation) and I could tell you what % of my portfolio is in indexed international growth funds...none of which I understood 6months ago. Owning your own spreadsheet and data comes a long ways, I am telling you!
Basically I got to the point I couldn't afford to NOT know what I was doing. My future is quite valuable. It started with me talking to a FA and then I found this forum, and less than 6months later the rest is history.
1. Setup a spreadsheet
2. Log into all your accounts, update your benificiaries and record your current investments and allocations in a spreadsheet
3. Once you have record, you have a benchmark. You will feel a lot better once you reach this step. Trust me I felt great.
6months ago I wasn't able to tell you my wife and I's net worth, however now I can tell you at any given moment how much we gained or lost in the market that day, week or YTD, I can tell you my A/A (asset allocation) and I could tell you what % of my portfolio is in indexed international growth funds...none of which I understood 6months ago. Owning your own spreadsheet and data comes a long ways, I am telling you!