Hi all!
I currently have about $10,000 in the aspiration redwood fund (redwx) that I’ve been contributing to for the last 2 years. After the recent few weeks, I’m up about a total of 10% over my investment (mostly from dividend payments).
I’ve been considering leaving that fund after dividends are paid out (last year it was Dec 12) for a few reasons:
- I think it may be too tech heavy and seems to have about the same growth as the market generally but then when dips happen, the drawdown is much larger
- I have some political differences of opinion with the aspiration bank and I’d prefer to leave them
- I can’t help but think that there are better options that would make more than 5% a year average return
I currently have $10,000ish invested and add another $200 every two weeks plus a few thousand a year at bonus time. I expect to keep my investment for 10-15 years minimum (barring some emergency) and would like a fund that is as “set and forget” as possible but with a decent return.
Would you suggest I stay with them? If not what are some good options for me?
Submitted December 09, 2018 at 09:19AM by aPMwith300lbBench https://ift.tt/2RNvzNo
