tag:blogger.com,1999:blog-5465015914589377788.post3645827599217805656..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Portfolio AlternativesMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5465015914589377788.post-74169101959082384022010-04-26T16:05:52.421-04:002010-04-26T16:05:52.421-04:00@Potato: This might work in some cases. However,...@Potato: This might work in some cases. However, many planners won't deal with small portfolios and if they do, I suspect they wouldn't pay too much attention to the portfolio allocation for very small portfolios.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-46685905303291174282010-04-26T15:48:16.700-04:002010-04-26T15:48:16.700-04:00The other option is to take some portion of your p...The other option is to take some portion of your portfolio and let a planner invest it in costly funds like Tim was in, and consider that payment for creating a plan, asset allocation, and whatever other hand-holding is needed... and then go off and invest the rest in e-series or ETFs.<br /><br />That does seem to come off as a little dishonest, and also assumes the planner/salesman is worth the cost to you!Potatohttps://www.blogger.com/profile/18157102363273750204noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-42072093505581316642010-04-26T14:19:14.962-04:002010-04-26T14:19:14.962-04:00@Mark: You make a good point about hiring a plann...@Mark: You make a good point about hiring a planner for a few hours. However I've heard some people say that it can be difficult to find a planner to work on this basis. I'm told that some planners use a face-to-face meeting to pitch additional services like creating a multi-thousand-dollar write-up of a plan. This may be good for investors who need it, but many investors would just want to pick the planner's brain for a couple of hours and go away to do the rest on their own.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-4875989228830531302010-04-26T13:18:14.914-04:002010-04-26T13:18:14.914-04:00I'm with you. Big time.
I'd rather save ...I'm with you. Big time.<br /><br />I'd rather save >2% right at the start and forgo the hand-holding of a planner.<br /><br />If needed, Tim can hire someone for a few hours of cosultation.MarkWolfingerhttp://blog.mdwoptions.comnoreply@blogger.com