Mid 40s – got in with my grandparents broker guy, who is nice but kind of a buy low type of guy. He has at like 1.5% fee. He also calls with random stock ideas but asks me what I want to do, and honestly I just don't know. making those choices is stressful and because I am not one of his bigger clients I get the feeling that he isn't thinking about my account that much except for the quarterly or so times he calls to check in and often offer a couple ideas of stuff to buy. usually I have to ask to trim when we score a profit (thanks Tesla) – but have also had plenty of stinkers. I think overall we made money, but in the last 4-5 years I don't think that was the exception
I just keep hearing that index and mutual funds most often out perform individual stocks and am thinking I want a more hands free experience but just struggling with the decision.
pros of staying with broker: he finds nice dividend paying stocks and other places for loose cash like VMRXX.
cons: I keep hearing index and mutual funds outperform brokers trying to hit home runs and it causes me stress to think about. he's also a little pushy and sort of boilerplate talking point car salesman-y which makes me not enjoy talking to him
my uncle advised getting a Schwab account and just moving it all over, and selling things bit by bit according to the Schwab red light/greenlight. it just makes me nervous handling it myself because I made a bad call on a hot tip from a friend in New York and lost some money in my wife's 401k when I tried to be cool and manage it myself.
here are the tickers so have btw:
MMM, ABNB, BABA, AMC, T, BIDU, BLNK, AI, DPG, EB, GOCO, IBM, IP, NVTA, IRBT, KD, NWL, NVDA, PTON, QS, ROK, SIEGY, TDOC, TSLA, X, VTRS, VISA, XRX, ZM (it's a lot to keep track of and I'm honestly not sure how to even go forward)
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