%%%%%%%%%%%%%%%%%%%%%%% Agree with your last paragraph; ALSO,Vanguard out voted BM,JV, that is why they offer funds one can trade-invest[NOT JUST BUY @ END OF DAY;LOL some like the freedom to buy @ their time NOT just @ close] NOT really an ad for trading-investing simply; market info..................................................................................................Thanks
It all depends on how personall active you want to be. For a modest Fee, these advisors take control of periodically rebalancing the portfolio - all chores most are not capable of doing emotionally, or lack the experience, time, discipline to do . These services have become very modestly priced - and Vanguard has also offered a similar Advisor Service. Potentially worth looking into; particularly if those involved don't want to be active participants.
for a "modest fee"????????? There isnt that much left anymore. Most conservative investors with a balanced portfolio are just hoping for 4%. And on top of that you are going to pay "a modest fee"???? And for what? 85% of all of them underperform the index. And only 15% outperform for five years. And on top of that, you have to guess which one will outperform. And you are going to pay somebody a "modest fee" out of your 4% to guess better than the index? this thread isn't even serious anymore. It should be in the psycho thread where people believe in things. at some point you need to ask yoursel if buying shares of companies is a profitable idea if not, carry on your superstition which is based on no facts trading is a different matter, it's just a job, like owning a restaurant or hardware store. And I'm sure Jack Bogle would advise most normal people to not open a restaurant or hardware store since most fail, or at least underperform the index. Yet, when they succeed, his index buys shares in them.
He is correct ! Trading is pointless.... for 99.9999% of the people... and there are no so called "many traders do well with short-term trading" out there... instead very very few, if any... because you are as good as your last series of trades...
Yes, but its important to note that the fees are zero at wealthfront for the first $15k. The daily tax loss harvesting is a huge positive that the "active" investors rarely think about. Remember, im talking about wealth building not having fun in an active trading account ( nothing wrong with that as long as you maintain firm footing in reality). This will be the end of the human RIA etc. surf
I hear ya, in business there is no guarantee there will be sombody at the end of the day to buy anything that will spoil over night
But there is a decent chance that if someone bought something today, someone will buy something tomorrow and that you will likely make money on that transaction.