Originally Posted by AU7MM08
Originally Posted by Remington270
Originally Posted by AU7MM08
Originally Posted by fireman176
Do you all prefer to manage your portfolio yourself, or let a CFP do it for you?


Why do I need someone to tell me not to panic sell or buy a regular S&P500 fund when I’m capable of doing that myself?
1% AUM over a lifetime, ouch no thanks I’ll pass on that.



Agree. I'll pass on giving away 1% of everything, every year, no matter what the returns are.


People love to make this stuff wildly complicated to justify paying 1% AUM…woof

$23,000 into 401K+5% or so we’ll just assume for employer match
$14,000 per year into Roth, Traditional or Backdoor IRAs for a married couple
$8,000 into HSA which is triple tax advantaged.

If both spouses are working(very common in 2024), that $75,000+ that is getting invested annually into tax advantaged accounts.
Very very few Americans are investing more than that annually.
How do I know? Because most Americans are shockingly broke.


This is me . Hard put that much in my employer plan but my 15% is a Roth only the 4% match is not. I can do $7500 a yr into my Roth outside job. Wife is disable now . Can’t do hers anymore . My 401k and personal Roths are investing in the same 5 funds . Been good and simple for me . I don’t need pay anyone for advice . Most advisors I’ve talked too know less than me . Try get me be less aggressive. Heck I’m here to make money . Most people I know only use job 401k and let someone else decide where their money go’s and most don’t know you can fund a roth outside of work.

Brushwacker