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Author: DrTarr Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75626  
Subject: Re: Should I? Date: 11/14/2005 1:17 PM
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OK, forget about the car! But if you make it to Utah say hello.

A model porfolio is a design that the company has for your money. IT may include bonds, commodities and stocks you do not want (if you chose social responsibility investing in green energy, or do not want WalMart because you think they promote illegal immigration) They will gladly leave those out. It will also change based on risk of a client, such a volatile stocks or emergent technology. but it may even change with the tides.

BUT - is this model ex-ante? Did they make it up after the returns were in? I am sure such a company does not have to let the public know what stocks they are in until it is to late to make a difference. As a client you sure have the right to know what you are in! But if they give you a list of 120 stocks - well you guess?

IT is your money and they should end up doing what you want! Does not always happen, but it should!


You are struggling with an "investment management company" and you have a medium tolerance for risk.



If you do not have a relationship with a financial planner or you don't want one and your risk tolerance includes you making some mistakes - search Fooldom for wisdom, make some investments, have some fun!

If you are still a bit iffy, have a fee only advisor give you a take.

He/She can look at your overall picture, run numbers and let you know if your dream of retirement just hit the front page of reality!
and it only costs what you agree upon upfront (may be in the $100-$300 per hour for brief consultation, including some number crunching time or a possibly a flat fee if you want an extensive plan done)

Having some one else manage your money is like having some one fix your car. I am not touching my newer car, but no one else is touching my 68 Cougar! (sorry son - no rear lift kit) But the mechanic who works on my newer car I have know for over thirty years! I trust him to step in where I do not care to venture.

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