Help!!Today we had an appointment with a Financial Advisor, since we have been handling all our own investments and felt that perhaps we were being a bit aggressive in our investing, which he agreed with. I am 69 and my husband is 70. Briefly, he outlined a plan for us which goes like this: International Stock Funds 16%, High-Grade Bond Funds 14%, Low=Grade Bond Funds 15%, Global Bond Funds-9%, Large-Cap Stock Funds 25%, Mid=Cap Stock Funds-9%,Small-Cap Stock Funds-12%. all of which would yield an annual Standard Deviation of 10.76%. Actually, although we were investing in what most would regard as volatile stocks, we held no Mutual Funds and no bond funds, simply because from what I have learned from TMF these are not in our best interests. We do pay close attention to our portfolios on a daily basis and felt that perhaps this was not what we should be doing., but our gains thus far this year were 63%, having lost 100% of our profits this past Spring. This 10% appears to be a drop in the bucket compared to what we are used to gaining on our own. From all that I have learned from TMF, these suggested Mutual Funds and Bond funds are not really where we want to be, having sold them all more than a year ago. Are we being too aggressive in our thinking and should we be satisfied with this 10.76% annual standard deviation? Plus we would be charged a 1% commission. Having done all of our own investing up to this point, this seems like fairly paltry gains.Would appreciate any input before we sign our lives away.Thanks loads,Herb
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