Investing General Discussion

Jysin

Jysin

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The biggest question to ask is what are their fees. Then ask for historical fund performance vs the indexes they are marked against. These funds all make their money in fees, so it would need to be a considerable savings of which I am skeptical.

People really tend to overcomplicate things. DCA into a low cost index and forget it. These managed funds tend to hook wealthier clients because they are so loss averse and constantly seeking greater returns. Suddenly a managed account (charging fees for AUM) seems appealing. In reality, the fees are a drag and negatively compound against you.
 
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Jysin

Jysin

Bronze Baronet of the Realm
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Here is a visual on fee drags on a basic account over 30 years.

Nearly $400k lost in your final portfolio balance at 1% fee. A whopping $650k lost for a 2% fee.

1788845558872.png
 
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Haus

Haus

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Jysin said:
Here is a visual on fee drags on a basic account over 30 years.

Nearly $400k lost in your final portfolio balance at 1% fee. A whopping $650k lost for a 2% fee.

View attachment 640010
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Yeah, it definitely doesn't work well for your long term "lifelong" strategy. In my case I'm only considering it this late as a way to help shave a little off the tax portion of what I'm going to owe diversifying out of a large overly-concentrated position.
 
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TJT

TJT

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If you are in a position to cash buy in the next few years this will be a boon though.
 
Cad

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Reddit removed the post… gay
 
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Sludig

Sludig

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Gravel said:
This thread has been absolutely dead lately. I guess that'll happen thought when it trades sideways for months at a time though.
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The 2-3 main posters are gone or at least not posting. Sanrith, the other ex mod not Brekk always space the name, a year or two was posting wifey and the farm they were building, etc.
 
Cad

Sheriff Cad

scientia potentia est
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Gravel said:
This thread has been absolutely dead lately. I guess that'll happen thought when it trades sideways for months at a time though.
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Overall market has been pretty lateral, but if you are invested in any tech funds specifically, those are still off to the races. VGT is up ~36% YTD.
 
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Fogel

Fogel

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Outside of being long spy/qqq I've just been using ten percent of my portfolio selling puts on NVDA, TSLA, and now SPCX to juice some extra returns. They have strong support levels but move enough that the premiums are still good. Well, SPCX support levels not so much, but I wouldn't mind getting assigned for some long term holds anyway.
 
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