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Old 11-15-2019, 06:48 PM   #21
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Been free from Ameriprise 5 years now, ever since discovering the Bogleheads website.
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Old 11-15-2019, 06:56 PM   #22
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I manage our finances and investments, including our rental properties, without any outside assistance.
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Old 11-15-2019, 06:57 PM   #23
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Please read 'Modern Money Mechanics' and Bogleheads.org advocacies, as well as a few of its recommended books.

Do not kid yourself, you're probably paying more in fees.
I'd bet* that 1.3% is an AUM fee on top of the funds expense ratios, plusother fees!
I've always DIY, since the 11/12% Mass muni bond funds of the 80s.
Good luck!
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How many totally manage their own nest egg?
Old 11-15-2019, 07:11 PM   #24
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How many totally manage their own nest egg?

I manage my investments myself. Have accounts at Vanguard and Fidelity. CDís treasures etc..I keep it as simple as I can. Have a CPA that Iíll use at tax time.
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Old 11-15-2019, 07:25 PM   #25
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Self managed. Worked in the securities industry so I am familiar with investments.
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Old 11-15-2019, 07:32 PM   #26
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Always have, always will. Opened a discount brokerage account at Quick & Reilly in 1981. Bought my first Vanguard mutual fund in 1984 (Windsor).
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Old 11-15-2019, 07:33 PM   #27
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I used a retail broker starting in 1987, but Iíve been a DIY investor 100% since 1990.
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Target AA: 50% equity funds / 30% bond funds / 20% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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Old 11-15-2019, 07:34 PM   #28
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Never used an advisor and was at 100% stock for many years, but more out of ignorance at that time.
Better to be lucky sometimes.
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Old 11-15-2019, 07:34 PM   #29
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I've always managed my own. (And, I suspect that no manager would want to put up with my very intrusive oversight.)
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Old 11-15-2019, 07:39 PM   #30
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I manage my own investments. I've never used a financial advisor.
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Old 11-15-2019, 07:42 PM   #31
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We had an FA for our taxables (about 1/3 of our nut) for a while, when we lacked knowledge and confidence. If someone is fearful and on the sidelines, an FA can be better than a savings account.

Once we got a little confidence, we pulled the plug, about 3.5 years ago, now I manage everything.
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Old 11-15-2019, 07:44 PM   #32
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I have always handled my own money. My broker/mutual fund company has some sort of advice team I can ask questions of and sometimes they email me and remind me of that fact. I don't know if everybody gets it or it's just because I am a medium-high-roller on their totem pole and warrant such attention.


The reality is I have never contacted them for input or advice regarding investments
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Old 11-15-2019, 08:05 PM   #33
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I only handle cash.

Merrill Lynch does my equities and Fidelity and Morgan Stanley do my muni bonds.
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Old 11-15-2019, 08:08 PM   #34
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I did have a guy last year from Etrade contact me asking to be my premier account contact and offering to manage my taxable account there. I asked him to look up my return for 2018, he came back and said it was 112%. I said I think I am ok.
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Old 11-15-2019, 08:23 PM   #35
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I manage my own investments. I've never used a financial advisor, I can't see paying somebody for something I enjoy doing.
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Old 11-15-2019, 08:26 PM   #36
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Not I
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Old 11-15-2019, 08:44 PM   #37
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I've always done my own taxes and manage my own nest egg.
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Old 11-15-2019, 08:49 PM   #38
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I manage our household portfolio and day to day finances. I also manage the financial and marketing aspects of our granny flat/Casita - but I have a lacky (husband) to do the maintenance. Marketing has been exceptionally easy since our current tenants have been here for 5 years and don't seem like they want to move.

This week I also managed our car fleet... selling the 97 toyota... and starting negotiations with various subaru dealers on the replacement vehicle. LOL.
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Old 11-15-2019, 08:50 PM   #39
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Quote:
Originally Posted by tsoispf View Post
Been free from Ameriprise 5 years now, ever since discovering the Bogleheads website.
We've proudly seen a few Ameriprise refugees pass through these virtual gates.
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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Old 11-15-2019, 08:54 PM   #40
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DIY for me.
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