One of the problems that I have experienced with financial advisers is their quickness to judge me and failure to understand my point of view. When evaluating an adviser, I look for someone who offers insights on complex financial problems. I don’t mind being pitched an off-the-shelf product but want to hear why it’s ideal for my unique circumstances. I shy away from those who seem to force an ill-fitting solution as appropriate for every situation (and demean me if I disagree).
Here you’ll find articles on traditional and not-so-traditional approaches to investing — primarily in individual stocks, exchange-traded funds, mutual funds, and bonds. Along with my breakdown and scrutiny of general strategies are first-hand experiences in implementing these approaches. Specific topics include building an investment portfolio and possible ways to determine whether a stock is bargain priced. Information and insights in the Investing category can help you develop a framework for making investment decisions.
When I started investing, I was concerned about picking the right stocks, mutual funds, and ETFs; matching any financial goals with the right asset allocation; and holding down investment fees. Those issues are important. But I also have learned not to overlook the impact of taxes on investment returns. That said, I can’t be so concerned about taxes that I’m paralyzed from making an investment move. But it helps to consider how investment decisions impact tax liability, both in the present and for the future.
What’s tricky about investment fees is that some are more transparent than others. Some charges are embedded in the investment product (such as management expenses of mutual funds) while others are standalone expenses such as maintenance charges.
Here are typical fees to investigate when signing up with a brokerage firm and investing money: