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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75525  
Subject: Re: After meeting with a Financial Advisor Date: 10/5/2003 12:04 AM
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ImAGolfer writes,

Hey PosFCF. I tend to agree with your observations about Financial Advisors. I like investing but I can't see myself doing this sort of thing when I'm in my 70's and 80's. I would much rather someone else take care of the day to day running of my account. I realize that I have the ultimate responsibility and will monitor the account accordingly. Just my $.02.

I'm a long way from age 70 or 80, but if I get to the point where I can't muster the 2 or 3 hours per month I spend managing my retirement portfolio, I'll just sell everything and put it in the Vanguard Balanced Index Fund (a fund that maintains a mix of 60% S&P500, 40% bonds.)

The odds are that that will outperform anything an advisor can do for me.

intercst
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