I started going to a financial advisor (who comes with recommendations) because I want to save smartly for house within the next few years.
Their recommendation was to switch from what I'm currently using, which is similar to Wealthfront, to the actively managed AssetMark.
AssetMark has slightly higher fees. They also don't have as good returns, supposedly because they're more conservative so if the market were to crash in the next few years I wouldn't be as affected and could potentially still purchase a house.
Is switching to AssetMark a good idea? I realize my financial advisor only gets paid if I switch to it, so their recommendation is kind of biased. But is there value in being more conservative in case the market crashes, when it comes to buying a house in a few years?
Submitted July 27, 2017 at 12:54PM by HumptyDumptyDoodle http://ift.tt/2vbcehl
