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-   -   I need a pep talk (https://www.early-retirement.org/forums/f28/i-need-a-pep-talk-38789.html)

Gardnr 09-22-2008 06:19 PM

Quote:

Originally Posted by 2B (Post 718676)
You might be able to absorb a phantom load charge by holding many years but some of the ETFs have pretty nasty management costs. Don't equate ETFs with the 0.09% charged by SPY. Homework is necessary here like everything else.

Absolutely. I was remiss in not specifying that I would only consider very low expense ETFs, like Vanguard, etc. That goes without saying (at least it did in my post ;D),

Gone4Good 09-22-2008 07:23 PM

Quote:

Originally Posted by FinanceDude (Post 718271)
I can duplicate an index fund with ETFs for less than what Vanguard charges for annual expenses, but that's another thread.......:D:D


And that's perfectly acceptable . . . unless you're talking about someone who is trying to build wealth by investing $100 per month, in which case it is a "crime".

cute fuzzy bunny 09-22-2008 08:23 PM

Quote:

Originally Posted by 2B (Post 718711)
You're tougher than CFB. ;D

Hey, I go easy on people all the time.

By the way, this thread was hell to read, what with having to wade through all the dozens and dozens of posts from people rushing to support Art.

FinanceDude 09-22-2008 08:26 PM

Quote:

Originally Posted by 2B (Post 718673)
Unfortunately, I haven't heard much in the way of professional advice. Everything has been sales hype. Requests for significant data has never received a complete/partial response. There is a basic human desire to think that some expert can do better than the market indexes but repeated, independent studies say it doesn't happen. I would love to change my mind when the facts change.

What kind of professional advice were you expecting? Look back on page one, OP asked if the SB Trak funds wrap account was a good idea. Numerous people said no, that probably was good enough for OP, who hasn't posted anything since page one........:D

So, I guess we are on to question two?? ;D

FinanceDude 09-22-2008 08:27 PM

Quote:

Originally Posted by . . . Yrs to Go (Post 718819)
And that's perfectly acceptable . . . unless you're talking about someone who is trying to build wealth by investing $100 per month, in which case it is a "crime".

My clients have money, you were confusing me with your local insurance "expert" who moonlights as an FA in his/er spare time.......;)


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