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| Call it luck of the draw, but I invest with an independent advisor. I stop at the beginning of the year and write him a check for all of our various retirement accounts and tell him to invest it how and when and where he sees fit. Of the last 7 years he has been within 5% of the bottom 5 of those years when he purchased shares for me. He charges me a discounted fee, .3%, and handles everything for me to the point of coordinating with my cpa to make my SEP contributions work between the LLC’s I have. I consider it money very well spent.
Had I simply used dollar cost averaging through the years on my investments and purchased the russel 2000 or the like, I would be 27% behind where I am today, after accounting for the fees I have paid him. | |
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IRA's, RMD's, and trading accounts and Senior Citizens
