Timeline for Best IRA investment strategy
Current License: CC BY-SA 4.0
3 events
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| Sep 24, 2018 at 11:22 | comment | added | Bob Baerker | @Ben Voigt - Yes and no. Investment management, albeit somewhat cookie cutter in its approach, is now being offered by more and more brokers. A popular one offers different tiers of service (and amount of min investment) and the amount you invest doesn't change allocation. The top Tier charges more and for that, you get more personalized service but the dollar amount you put in is still irrelevant. There's a risk tolerance evaluation and equity vs fixed allocation is derived from that. The one that was best fit me had a $25k minimum. But yes, I could have mimicked their performance easily. | |
| Sep 24, 2018 at 4:30 | comment | added | Ben Voigt | Do you think the strategy for $10k is the same as a strategy for seven figures, only in lower quantity? It would surprise me if it were. Some investments aren't available below a certain threshold, and personally I start with an anchor of moderately low risk, then the larger my portfolio gets, the more likely I am to add the occasional more risky investment. Not saying a professional would do the same... but I wouldn't want to make any guarantees that they wouldn't. | |
| Sep 21, 2018 at 22:31 | history | answered | Bob Baerker | CC BY-SA 4.0 |