Moleskin Moyer
Dryer sheet wannabe
- Joined
- Feb 4, 2016
- Messages
- 21
Got into a discussion with a friend about index funds versus aggressive growth funds. I got Vanguard index funds and have about $400K invested. The funds have been returning a total of $20K a year for the past two years. My friend has invested about $110K in several aggressive funds that returned about $15K a year for the past six years. He says despite the high expense ratios and the annual $1K in fees his returns are justifiable. He thinks I should make the switch from my Vanguard stuff to his stuff.
Me switching over seems pretty good. What implications am I not considering here?
Me switching over seems pretty good. What implications am I not considering here?