Quote:
Originally Posted by tracknut
Well you picked a pretty tough time slice to measure. Sep 2021 was the peak of a long gain, 1/23 was about the bottom of a pretty big drop, and we've been climbing nicely since. So I wouldn't panic too much from that view where you gained about 7.5%.
That said, my money is largely in S&P and NASDAQ index funds, for which I don't pay a financial manager to do anything, plus a chunk essentially in bonds and cash for short term spending. During that same period my gain was about 13.3%, and corresponds with my belief in index funds, not financial advisors.
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Thank you for the perspective. I know that things can't go up unless they also go down but really struggling with a 13k gain over nearly 3 years on a nearly 200k basis. My 401k account thru fidelity has produced at a higher level with the limited investing options they provide. My capital one savings account provides 4% (maybe even a little more) annual return. Makes me question why I'm paying my FA.