Quote:
Originally Posted by lewdog
To each his own.
I much prefer to decide where my money is going and what I am investing in, not someone else's thought who has no stake in what happens to me. No reason people can't read about expense ratios, compare gains of 1/5/10 year spans on funds and decide where to put their money. The online charts let you sort by fees, gains, etc. It's easy to see what's been hot, cold or cheap. There's plenty of ways to passively invest and not get eaten up by fees that firms may charge you (Index funds). I don't trust Jack Schidt at Edward Jones to somehow know more than me. And if Jack Schidt provides me with little growth, on top of his fees, I am really ****ing far behind the curve. Many have little training at these big investment places, especially if you are dealing with small accounts. Then again, many people have no idea how to invest, so something IS better than nothing for many I suppose.
I don't think Buehler falls into that category though.
I don't see a need for two ROTH accounts either, unless a ROTH is the only option your employer allows and the funds offered aren't that great. A 401k for work and a single ROTH IRA account on your own is a simply way to manage multiple funds and allocations.
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The Roth I have isn't what you think it is. I just rolled my Cabela's 401 into it and haven't really messed with it since. It's not like I'm going to be splitting contributions between the two. I just needed to get it rolled and I figured I'd see what this guy could do for me. Now I'm trying to do better. And that's the other side of it. I want to make sure my self directed stuff will outperform it. If not I just as well not mess with it.