Tundras live: A Bunch of Idiots And A Bunch of BS- Resume discussion group

I call her Vera.

 

Final words of wisdom before I hit the rack tonight:

Be the man Homeland Security thinks you are.

G'night y'all.

 

the only way to make that worse....is to have it in grape flavor.

 

"I'm not one to give advice, but investing in real estate, the market and living well below our means has worked out."

preach, brother.


<the below not directed at @JMB ...but the group as a whole.>


Help me thru this 1% fee on ttl assets.

I ask from a standpoint of ignorance. so, don't immediately lather up.
We have never had a managed investment account.


our Schwab account has no fees - other than the Mutual fund fees.

We've done quite well using 2 investments - s&p 500 & div fund.

I will tell you this....the largest growth factor in our account is my inflows to it - from W2 & K1 earnings.

yes, the investment % of growth is that of the S&P 500....which is nice.

but, there is NO WAY IN HELL I could have what I have in that account by shear investment growth.

my question:

does that 1% also get charged on the money that I put in there?*

because I think it does.

that 1% should only be charged on the % of investment growth.

why would I pay anyone 1% on the money I earned.



2nd question....how many of ya'll with investment accounts are performing at or above a std index fund?





*my parent's Morgan Stanley accounts function this way.
When my Father sold his insurance agency, those inflows to the investment account were now part of the 1% fee.

 

to add:

swobx is a balanced account...which probably mirrors a "managed" account.

swppx is the S&P 500 index.

over 10 year span.....quite a diff.

 

Ok, I really need you to help with an experiment, please, when you have just over 45 minutes to commit to it.

1. Get yourself a good set of high quality speakers or headphones.
2. Sit down in a dark room by yourself with no other people and no distractions of any kind.
3. Listen to the Ride the Lightning album in its entirety from start to finish.
4. Report back here on your experience.

Yes, the first 35 seconds of the first song are somewhat soft. No, that is not what the rest of the album is like. Yes, you will live.

 

Chem trails are in the sky today. Are they con trails or chem trails? What say you?

 

Could be both. There is a conspiracy theory that the Gubmint is surreptitiously mimicking contrails with various test chemical projects.

 

I wasn't joking.

 

Five Finger Death Punch is better than Kid Rock

 

Unpopular, but correct, opinion. Metallica is extremely overrated with the exception of their first two albums.

 

FTFY

 

Megadeth is better than Metallica anyway.

 

This is absolute truth

 

Trust

 

Not my fault he has inferior taste.

 

On the flip side, I've been awake since about 3:30.

 

Today is the first day I'm sort of normal. This is day 12.