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2025 Investment Thread

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900ss said:
My son, 34 years of age has finally taken an interest in investing. Hallelujah! I have advised him to look at Bogleheads (Taylor Larimore) and https://www.etf.com/docs/IfYouCan.pdf.

Any other suggestions from an unbiased pov? Be advised if SWMBO and I kick the bucket (crashing the motorhome on the 'round the USA tour,, e.g.) :geek:he will be one happy MoFo. :rolleyes I really need to work on spending his inheritance in a big way. :staRangMaybe I should buy some SpaceX stock to fund the Starship boomaroonies.
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(y)
I got into investing right out of college and it has worked wonders for me with just time in the market
 
Thoughts about Barry Ritholtz as an advisor? https://www.ritholtzwealth.com/. I enjoy listening to Barry Ritholtz on Bloomberg, but hey, he is a talking head. I went to my local Wells Fargo branch yesterday; we have been with them for 35 + years, to speak with their advisor. I immediately liked the advisor, but she does not have much of a track record re: professional certifications, even though she feels highly proud of her past performance. I do understand that past performance means nothing re: future returns.

Some of you are aware that I was recently retired (company closed, let go last week). I have been happy with my / our returns from my self-selected portfolios. However, at this point in my life I would not be averse to paying 1% or whatever to a fiduciary that can offer decent and consistent returns on our portfolio. Although I have done an alright job thus far, it might be time to let go and have someone with professional chops take over. If they (whoever "they" may be) don't perform to my expectations I will have no problem pulling a Donny and telling them "you're fired!" in short order.
 
I am rather happy with my JOBY (finally) and ACHR returns thus far. PLTR; yes, this may become my 10 bagger. It is close..... :cool: I am such a bloody amateur, but am having fun with my small portfolio. PGEN has been fun as well. As in, it has finally turned positive. I hope the company gets sold somewhere down the road, although my paltry holding won't amount to much.
 
Forking over 1% to someone seems questionable when most of those guys just park your money in the same funds I could buy myself. And they balance them using the same allocation ratios that I can generate myself based on my age, goals, and risk tolerance. After that, all they do is rebalance those funds once a year, or maybe quarterly at most (I doubt it)..........but that task only takes half an hour at most. Other than that, they might email you a few times a year, and subscribe you to some kind of newsletter, but that's about it. So you have to ask yourself, what are they doing that justifies that fee? Let's say you have 5 million with them, so that means they're getting $50K a year for spending maybe 10-15 hours a year on you. That's insane.

On the other hand, if they're not just a financial advisor, but an actual wealth manager who manages more than just your retirement account but also your trusts, 529s, risk management, tax optimization, philanthropic advice.......Then I could see it being worth it.
 
Reminds me of the financial advisor who managed my grandmother's portfolio, it had all these individual holdings that he was trading in and out of with huge commissions. I compared all the holdings to the DJI and it turns out he had just copied DJI but was trading each stock individually. Clearly they aren't all like that, but I thought it was pretty lame.

We ended up keeping the financial advisor because apparently he was a "nice guy" that my extended family considered a friend :LOL:
 
Noodling getting out o the market again as many tariffs come into effect today.

I may hold onto SHLD though.

Up 11 percent YTD overall which is "OK."
 
I was just notified by my investment advisor that he and his staff have left UBS for a company called LPL, and wants our accounts. On line reviews of LPL don't look good to me. Anyone have any experience with LPL? I have been happy with him and his staff, but I don't understand what my relationship with LPL would be. I would be dealing with the same staff. Anyone have any input?

Thanks in advance,
Bob
 
bobl said:
I was just notified by my investment advisor that he and his staff have left UBS for a company called LPL, and wants our accounts. On line reviews of LPL don't look good to me. Anyone have any experience with LPL? I have been happy with him and his staff, but I don't understand what my relationship with LPL would be. I would be dealing with the same staff. Anyone have any input?

Thanks in advance,
Bob
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The reports you get will look different. That's about it. You may get two sets of tax statements in the year of the switch. Confirm with the advisor that your fee structure won't change.
 
bobl said:
I was just notified by my investment advisor that he and his staff have left UBS for a company called LPL, and wants our accounts. On line reviews of LPL don't look good to me. Anyone have any experience with LPL? I have been happy with him and his staff, but I don't understand what my relationship with LPL would be. I would be dealing with the same staff. Anyone have any input?

Thanks in advance,
Bob
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My advisor is in a long running lawsuit against them.

They tried to steal his clients and hand them over to another broker.

Shady business practices are OK with them.

His is not an isolated case.
 
A lazy unemployed ex coworker that I haven’t seen in years contacted me today to ask if was interested in an “AI managed investment fund” he was starting. No evidence or track record whatsoever he has a clue about anything and not the least bit ashamed of asking such a dumb question. Last time I saw him he was attempting to build a crypto mining machine. Guess that didn’t work out.
Anyhow if anyone is interested I could pass along his contact :whistle:
 
I have the contact info for a nephew of the Sultan of Sudan who could use some help with his money, we should connect them.
 
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