HappyEarlyRetirementForum
Dryer sheet wannabe
- Joined
- May 1, 2011
- Messages
- 14
Looking for advice on creating a portfolio.
Set up an account with an investment company 3 years ago into balanced mutal funds, a growth fund, and a bond fund.
Well it has been 3 years and I still have a negative return & I've been paying an account fee every quarter.
I've only been made whole again from the growth of my dividend reinvestments. At one time my damn balanced funds were down over 30% which was a nice surprise.
I am upset that in 3 years I've taken lots of risk, made nothing, and only enriched the invest firm. Do you understand that if I went outside and found 1 pop can and recycled it, I would have made more money?
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I can now make a change and don't know what to do.
I read about inflation, the decline of the dollar, bond market dislocation, and a bubble stock market that is about blow any day now.
So what does a person do?
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Oh, and another thing that ticks me off. My mutual funds all have fees. For example my yeild is around 3% but then there are the fund fees of 1.4%
Set up an account with an investment company 3 years ago into balanced mutal funds, a growth fund, and a bond fund.
Well it has been 3 years and I still have a negative return & I've been paying an account fee every quarter.
I've only been made whole again from the growth of my dividend reinvestments. At one time my damn balanced funds were down over 30% which was a nice surprise.
I am upset that in 3 years I've taken lots of risk, made nothing, and only enriched the invest firm. Do you understand that if I went outside and found 1 pop can and recycled it, I would have made more money?
----------------------------------------------------------------
I can now make a change and don't know what to do.
I read about inflation, the decline of the dollar, bond market dislocation, and a bubble stock market that is about blow any day now.
So what does a person do?
----------------------------------------------------------------
Oh, and another thing that ticks me off. My mutual funds all have fees. For example my yeild is around 3% but then there are the fund fees of 1.4%