Manage your own wealth/investments?
Hey all, heard this was a good place to come. Wondering if anyone is willing to offer advice on their personal WM? I have been fortunate enough to start accumulating my own wealth after a few good personal years, and have been managing my investments on my own. While I enjoy the personal investing and am making decent enough returns, it is becoming time consuming as I am in the middle of starting a family, busy with friends, and busy with work. While I know I have the knowledge to keep going, is the fee that comes with a manager worth the little extra time?
Just looking for suggestions, or what you have all implemented.
TIA!
This would depend on your appetite for risk, the amount, the type of assets, and so many other aspects.
If you find a wealth manager who invests/makes decisions "like you would have" or has a few tricks you didn't know about, they might be worth the fees.
Looking at the various funds I dealt with... I always liked some aspects of each, but never the whole package.
The markets are also too complex atm to "hold and forget", actively managing your own portfolio takes a lot of time/effort though.
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