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Investing/Strategies / Retirement Investing
|Subject: Re: Any reason to keep my financial advisor?||Date: 3/2/2012 3:56 AM|
|Author: intercst||Number: 70261 of 76907|
Dump Ameriprise tomorrow.
If your financial advisor and the mutual funds he recommends are taking 2.5% or more in annual fees, commissions and hidden trading costs, he'll be able to skim off more than 1/2 your wealth in less than 30 years.
This article lists a few low-cost Vanguard portfolios you could consider.
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