Search found 4 matches

by capurkat
Fri Jun 09, 2017 3:05 pm
Forum: Personal Investments
Topic: Current 401k with Huge Fees, Anything I can do?
Replies: 20
Views: 2396

Re: Current 401k with Huge Fees, Anything I can do?

damageprone- Contribute the max to both your 401K and your Roth IRA, as you have suggested you can. Of course your plan is terrible and you should do all you can to change it. In the meantime contribute all you can to it. Why? Because contributing lowers your taxable income. Because it's an easy au...
by capurkat
Fri Jun 09, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Why You Still Can’t Trust Your Financial Adviser
Replies: 54
Views: 8710

Re: Why You Still Can’t Trust Your Financial Adviser

Within those 80+ topics, each one on it's own has enough density to merit it's own designation - investments is but 1 of those 80. IF people could discover the investing process alone, perhaps many of those other topics might be less intimidating. I found that to be true for me. For examples: Learn...
by capurkat
Fri Jun 09, 2017 8:04 am
Forum: Investing - Theory, News & General
Topic: Why You Still Can’t Trust Your Financial Adviser
Replies: 54
Views: 8710

Re: Why You Still Can’t Trust Your Financial Adviser

Your response is correct and I would have to agree, meeting that many times in one year would be too much. What I was trying to illustrate were annual visits - although I didn't make that entirely clear, but none the less. You're also correct in that the physical time spent speaking/meeting with som...
by capurkat
Fri Jun 09, 2017 12:07 am
Forum: Investing - Theory, News & General
Topic: Why You Still Can’t Trust Your Financial Adviser
Replies: 54
Views: 8710

Re: Why You Still Can’t Trust Your Financial Adviser

3. Charge Fee only, AUM (.50 or less), or some type of contract (?). NOOOOOO!!!!! Asset under management fees result in costs that are far too high. The advisor should no more charge an ongoing fee simply for breathing than your doctor charges you for being prepared to see you if needed. Or your la...