Portfolio Management

learnfpga · 2007-03-28T14:55:38+00:00

Hey Folks,Here is my situation. I am 30 married and have pretty decent combinedannual income. For the last couple of year I been saving money andinvesting in Vangaurd index funds (80% stocks and 20% bonds) and someportion in money markets. Now I have a little more than 50K ofcombined total.I strongly believe that an odds of beating the market are slim for anindividual investor and thats why I have vangaurd. Recently mycollegue suggested I should look into portfolio management schemes.( He has in the ball park of 1/2 a million and uses charles schwab).His logic was if pros can get you 2% extra than I am in a better shapeeven after offsetting their costs. I have checked out Fidelity whichofferes this for investor with as low as 50K.My Q is should I keep doing my index fund thing or should I take therisk with portfolio management scheme? Thanks for any suggestions.

Mar 28, 2007 41 Replies

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JB 19 years ago

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HW "Skip" Weldon 19 years ago

Thanks for reminding me that I am not getting younger.

To the extent that any plans are involved with the minimum distribution rules, I'll probably do what I do now - any unneeded income gets invested.

-HW "Skip" Weldon Columbia, SC

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