Hello Investors, I would like your opinion for my situation. I am a beginner investor so please bear with me. I just opened chase private client account to get the $2k sign up bonus. I currently have $300k in the account and I am not sure what to do with it. I do not need the money in the next 5 years or even 10 years since I just bought a house and car. I have 6 months savings as well.
I was told that the US market is just too expensive now to invest and the advisor at chase said I should invest in their international fund, it is called wcm focused growth international adronly. Index msci, acwi, ex, USA, nr, usd. It is concentrated, large cap, quality growth. The YTD is 25.3% after the 1.4% management fee. Since inception it is 10%.
I also have the option to buy mutual funds for this and the fee is 1% but I don’t save on taxes (not sure what he means by that)
1) would you buy this fund? Managed or mutual fund? 2) if so, how much would you invest from the $300k? 3) what would you do with the rest of the money?
I usually buy voo and Vt and those are not doing as well as this fund.
Thanks
Submitted November 21, 2019 at 09:29PM by worklifebalancepls https://ift.tt/2XzSC1T
