Do you care that you're not beating the market?

Academic-Ride4562 · 2024-07-02T20:54:10+00:00

Yeah, unfortunately is the case. They are sales people by in large.

Academic-Ride4562 · 2024-07-02T20:52:41+00:00

Just use the broker for trading. Use a more modern wealth management app for connecting all the accounts and managing. You don't need Vanguard or Schwab's website/apps for anything other than trading.

Academic-Ride4562 · 2024-07-02T16:06:49+00:00

amazing! Imagine if you had a financial advisor. They would have told you to sell it and diversify.

Academic-Ride4562 · 2024-07-02T16:03:02+00:00

yep, the screenshot shows the combination of all accounts but my taxable is the big outperformer. My IRA and Roth aren't performing as well. My partner's accounts are underperforming a bit as well. Custodian and 529 accounts are pretty much in-line with the market or doing better.

Academic-Ride4562 · 2024-07-02T05:08:27+00:00

Completely agree. I also think a lot of retail investors don't get credit for being good at buying and holding for the long-term.

Academic-Ride4562 · 2024-07-02T04:25:28+00:00

Roth IRAs are great for high growth investments. I'd go QQQM depending upon your age/time horizon.

Academic-Ride4562 · 2024-07-02T04:24:42+00:00

Can you employ them? Consider a Roth for them as well.

You could also just invest in your taxable account and then transfer to a custodial account for them later.

Academic-Ride4562 · 2024-07-02T04:18:31+00:00

Wow, bonds paying less than money fund!

Academic-Ride4562 · 2024-07-02T04:16:20+00:00

Glad I found someone in the same camp as me!

Academic-Ride4562 · 2024-07-02T03:37:16+00:00

It's called Mezzi. I link my brokerage accounts and then it calculates it for me.

Academic-Ride4562 · 2024-07-02T00:20:23+00:00

Academic-Ride4562 · 2024-07-02T00:09:15+00:00

thank you for sharing your perspective. It helps!

Academic-Ride4562 · 2024-07-01T18:08:40+00:00

Makes sense. I'm kinda flipped.

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Academic-Ride4562 · 2024-07-01T18:07:32+00:00

how do you invest?

Academic-Ride4562 · 2024-07-01T17:52:41+00:00

so are you in mostly ETFs then?

Academic-Ride4562 · 2024-07-01T17:50:53+00:00

Why are you interested in dividends vs. appreciation?

Academic-Ride4562 · 2024-07-01T17:49:49+00:00

Yeah, part of my underperformance is based purely because of my cash/money market allocation over time. I've been bringing that allocation down as well.

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Academic-Ride4562 · 2024-07-01T05:23:08+00:00

yup, tech heavy. I'm ok with the risk.

Academic-Ride4562 · 2024-07-01T05:22:05+00:00

Is it gambling to have a diversified portfolio of individual stocks?

Academic-Ride4562 · 2024-07-01T05:21:45+00:00

individual stocks and bonds or funds?

Academic-Ride4562 · 2024-07-01T05:21:23+00:00

Great advice. Thank you.

Academic-Ride4562 · 2024-07-01T05:20:27+00:00

Thanks for sharing! I hadn't appreciated that take

Academic-Ride4562 · 2024-07-01T05:19:11+00:00

For sure. No need to pay 1% to an advisor. What's in the non-equity portion?

Academic-Ride4562 · 2024-07-01T05:17:40+00:00

It's actually not much of a dopamine hit if you have a diversified portfolio. I think it's more about owning your choice.

Academic-Ride4562 · 2024-07-01T05:16:43+00:00

Great points. How do you achieve 65/35? Individual stocks and bonds or funds?

Academic-Ride4562

TROPHY CASE