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re: Need help, my financial advisor is retiring
Posted on 2/24/16 at 1:01 am to tigerlife00
Posted on 2/24/16 at 1:01 am to tigerlife00
Over the last 5 years, the S&P 500 has returned over 60%...
That's without any kind of active management. While I'm not advising anyone not to have a financial adviser, you should at least understand the performance of the general market to compare with.
If you don't understand what you're doing take a look at the following. Tons of info for the new investor even if you aren't into the low cost index fund philosophy.
https://www.bogleheads.org/wiki/Getting_started
If that's too much info for you and you don't care to get into the details then a target date fund could be a good option. Just make sure the fees of the fund are reasonable.
That's without any kind of active management. While I'm not advising anyone not to have a financial adviser, you should at least understand the performance of the general market to compare with.
If you don't understand what you're doing take a look at the following. Tons of info for the new investor even if you aren't into the low cost index fund philosophy.
https://www.bogleheads.org/wiki/Getting_started
If that's too much info for you and you don't care to get into the details then a target date fund could be a good option. Just make sure the fees of the fund are reasonable.
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