Quote:
Originally Posted by lowside67
Or if instead of paying your "money guy" to invest in some PIMCO fund, you could have just bought an ETF yourself of the S&P 500 and from January 1 2012 to December 31 2018 you would have realized an average return of 13.27% and your $50k would have been $115.5k. If we included data from Jan 1 2019 to today, it would be up another 17% on top of that.
If you are paying an investment advisor, and that's what he has recommended, you need to PM me and let me make a referral for you (I am not an advisor) - you are not getting your money's worth.
-Mark
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Since I can cherry pick too, if you had invested in the Nasdaq composite you would have seen a return of 20.25% since 2012!!
Wow, I am also awesome at looking at charts of past performance.
Quote:
Originally Posted by Gerbs
Maybe the PIMCO fund has a lower volatility than SPY. Either way, index funds are the way to go for most folks.
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It is what they consider a "safe" investment. I could have gone all in, but instead I took a more conservative stance with my money. I don't know what lowside's deal is, but he sounds like one of those money guys who promises the world, then fucks off to Grand Cayman with your retirement fund.
Quote:
Originally Posted by lowside67
I hope so given that it has a lower return, but in general if you have a long time horizon and can resist the urge to mess with your stuff, I'd prefer excess return over lower volatility.
-Mark
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We should all come to your seminar!
