FlyerTalk Forums - View Single Post - The points and miles blog business model
View Single Post
Old Jul 6, 2017, 8:47 pm
  #340  
kokonutz
Original Member, Ambassador: External Miles and Points Resources
 
Join Date: May 1998
Location: Digital Nomad Wandering the Earth - Currently in LIMA, PERU
Posts: 58,574
Originally Posted by ingy
I use a investment advisor that charges me a percentage of my acct balance and a small annual fee. She books her trades through a Schwab advisory account and Schwab gets like $4.95 per trade. 75% of my stuff is in stocks, where that applies, and the remainder in partnerships (hotels, office buildings, startups).

I actually get a form at tax time that highlights her fees for the CPA. Its always been way less than my earnings. (6 Years Now)
Oh no. Seriously!? Her fees are less than your earnings?! In THIS market over the longest bull market since WWII? I certainly hope so!

I hope she's hot. And you meet with her in person regularly. Because that's the only way she's worth it. I put about a million in an no-load minuscule fee S&P index fund in 2011 and it has returned about 110% since then with practically no fees at all. To me, that's way hotter than even the hottest investment adviser. @:-)

My I be so cheeky as to recommend Frugal Investing Girl: http://www.allthingsfrugal.com/f_invest.htm

Last edited by kokonutz; Jul 6, 2017 at 9:16 pm
kokonutz is offline