I thought I'd heard Dave Ramsey suggest the same thing

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Mar 14, 2013
10:09:46am

2RUEBLUE

I always thought that a benefit of mutual funds was that they were actively managed, and diversified.

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2RUEBLUE

New username: Thunder Buddy
Bio page: 2RUEBLUE
Joined: Dec 15, 2011
Last login: Jan 8, 2015
Total posts: 0 (0 FO)

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Messages

Author

Time

Is the Vanguard Managed Account Program worth the cost?

2RUEBLUE

3/14/13 9:48am

I switched to a managed account for my Fidelity 401K about two years ago...

Hoopster

3/14/13 9:57am

Weakness of a manager... The will NEVER sell

Jersey hunter

3/14/13 10:05am

So, where would you invest?

Hoopster

3/14/13 10:14am

I'm 90% in cash waiting for the next correction to get back in

Jersey hunter

3/14/13 10:21am

And that 10% is long AAPL and VXX (volitility ETF) and the rest is

Jersey hunter

3/14/13 10:49am

wrong! a good manager will sell when your chosen asset allocation gets out of

1981coug

3/14/13 11:58am

I am on mobile right now, so I don't have a link, but

TonyStark

3/14/13 10:05am

I thought I'd heard Dave Ramsey suggest the same thing

2RUEBLUE

3/14/13 10:09am

But there is a big disadvantage... The fees that are charged on assets under

Jersey hunter

3/14/13 10:23am

The theory is that you will make more than you would have otherwise

TonyStark

3/14/13 10:31am

That theory is a myth - buy and hold ONLY works if you're lucky enough to

Jersey hunter

3/14/13 10:42am

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