Pippy I only made 7% last year (and by far I am no expert) but last year was choppy so I wouldn't be too worried. I would ask for a 3-5 year average
Posted by
Bacon (aka redmond)
Jan 23 '15, 07:21
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If you aren't up double digits in the last 3-5 then there is an issue.
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Responses:
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It very much depends on your life-stage and philosophy. I'm more concerned about preserving principal and invest very conservatively. Looks like I
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Meg
Jan 23, 08:46
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I had a double digit year, but I don't attribute it to any special acumen. Sometimes things you own just go on a run.
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Polar Baron
Jan 23, 07:40
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Yup -- nm
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znufrii
Jan 23, 07:30
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yeah, I really don't think you can make a blanket statement like that. It really depends on the plan you (or your advisor) has put in place for you -- nm
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decline
Jan 23, 07:29
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not to mention that this depends on your risk tolerance, what you're aiming for, etc. etc. -- nm
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Reagen
Jan 23, 07:26
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thanks - its not for me - I over heard this at a Xmas party by a newbie money manager to a friend who has a lot into an account - it stuck with me
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Epiphany
Jan 23, 07:22
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