Hello,
I recently had a discussion with my father about our financial advisor. I have around $10k that I use to pick stocks (mainly large cap stocks), and I inherited around $50k that my financial advisor manages. My father has an advantage, because he recently changed his mutual funds series and now he pays less fees. Even though he did not overperform the market, he did fine compared to the Global Equity Index (in CAD). My question is, do you think the performance is worth the cost considering the fact that he gets a lot of advice for retirement planning, tax, etc.? Of course, he underperformed the S&P 500, but I think his portfolio cannot be compared with the S&P 500, because his savings are diversified globally. I'd like to have more than the opinion of investors that only suggest to invest 100% of their savings in VOO (I need your help <3 /u/mastercookswag /u/cb_hanson_iii)
My father's portfolio return: http://ift.tt/2mtDOBR
Submitted March 05, 2017 at 07:48PM by etienner http://ift.tt/2lMtUXz
