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I just feel absolutely horrible that I'm not doing anything. It's like I'm watching all the opportunity pass by. I know I should have been part of the early te
by Shanbo 10y ago
I just feel absolutely horrible that I'm not doing anything. It's like I'm watching all the opportunity pass by. I know I should have been part of the early tech scene. Instead I was stuck in hell with a mega neurotic family who still tries to control me to this day. It doesn't affect me as much now, because I learned about their disorders and why they are that way, and I learned about my own disorders, mostly inherited from their psychotic ways. But now I have nothing other than money being managed by some CFA whom has done a relatively decent job, but is badly outdated (I have to do all of the performance tracking on my own). So if the market has a bad crash, things aren't going to go so well for me. I have thought about just taking over the account and making my own investments, or just putting it into a bank until I figure out what I'm going to do. It stresses me to no end.
- zzleeper 10y ago"Being managed by some CFA"? Dude wtf? Just go into an index fund and pay 0.05% management fees... how much are you paying in fees right now? 2%? That's like 1/3 of whatever you earn from the market on average (if inflation is 2%, and the SP500 pays 8% a year on avg, then just by dumping the CFA and going to an index you get 50% more per year in real terms)
- Shanbo 10y ago1%, but he's outperformed the usual indexes, vanguard, S&P etc by a considerable amount, so it has worked thus far.