Home › Forums › Financial Markets/Economics › advice for me…
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December 19, 2007 at 10:19 PM #121350December 20, 2007 at 1:04 AM #121496socalarmParticipant
thanks for the responses. i will have to check the details, but last i checked, my advisor wasn’t paid fees on the funds. he is paid an annual fee.
the bond funds are a mix of short term treasuries, except one high-yield fund which i’m uncomfortable with. when i told him so, he said (his explanation as i understood it) – a lot of high yield corporate bonds got hammered because of the sub-prime fiasco since nobody wanted to touch any high yield bonds. however, a lot of these are AAA (again, his words) so short term panic is making good bonds appear worse than they are because of the taint.
i hope i’ve conveyed what he said with some sense. apologize if this explanation amounts to garbage…December 20, 2007 at 1:04 AM #121395socalarmParticipantthanks for the responses. i will have to check the details, but last i checked, my advisor wasn’t paid fees on the funds. he is paid an annual fee.
the bond funds are a mix of short term treasuries, except one high-yield fund which i’m uncomfortable with. when i told him so, he said (his explanation as i understood it) – a lot of high yield corporate bonds got hammered because of the sub-prime fiasco since nobody wanted to touch any high yield bonds. however, a lot of these are AAA (again, his words) so short term panic is making good bonds appear worse than they are because of the taint.
i hope i’ve conveyed what he said with some sense. apologize if this explanation amounts to garbage…December 20, 2007 at 1:04 AM #121422socalarmParticipantthanks for the responses. i will have to check the details, but last i checked, my advisor wasn’t paid fees on the funds. he is paid an annual fee.
the bond funds are a mix of short term treasuries, except one high-yield fund which i’m uncomfortable with. when i told him so, he said (his explanation as i understood it) – a lot of high yield corporate bonds got hammered because of the sub-prime fiasco since nobody wanted to touch any high yield bonds. however, a lot of these are AAA (again, his words) so short term panic is making good bonds appear worse than they are because of the taint.
i hope i’ve conveyed what he said with some sense. apologize if this explanation amounts to garbage…December 20, 2007 at 1:04 AM #121474socalarmParticipantthanks for the responses. i will have to check the details, but last i checked, my advisor wasn’t paid fees on the funds. he is paid an annual fee.
the bond funds are a mix of short term treasuries, except one high-yield fund which i’m uncomfortable with. when i told him so, he said (his explanation as i understood it) – a lot of high yield corporate bonds got hammered because of the sub-prime fiasco since nobody wanted to touch any high yield bonds. however, a lot of these are AAA (again, his words) so short term panic is making good bonds appear worse than they are because of the taint.
i hope i’ve conveyed what he said with some sense. apologize if this explanation amounts to garbage…December 20, 2007 at 1:04 AM #121255socalarmParticipantthanks for the responses. i will have to check the details, but last i checked, my advisor wasn’t paid fees on the funds. he is paid an annual fee.
the bond funds are a mix of short term treasuries, except one high-yield fund which i’m uncomfortable with. when i told him so, he said (his explanation as i understood it) – a lot of high yield corporate bonds got hammered because of the sub-prime fiasco since nobody wanted to touch any high yield bonds. however, a lot of these are AAA (again, his words) so short term panic is making good bonds appear worse than they are because of the taint.
i hope i’ve conveyed what he said with some sense. apologize if this explanation amounts to garbage…December 20, 2007 at 4:24 AM #121260moneymakerParticipantHow about a money market account,currently paying 4-5 %,FDIC insured,can access it any time.Not a money market fund though that is different I believe.
December 20, 2007 at 4:24 AM #121479moneymakerParticipantHow about a money market account,currently paying 4-5 %,FDIC insured,can access it any time.Not a money market fund though that is different I believe.
December 20, 2007 at 4:24 AM #121501moneymakerParticipantHow about a money market account,currently paying 4-5 %,FDIC insured,can access it any time.Not a money market fund though that is different I believe.
December 20, 2007 at 4:24 AM #121427moneymakerParticipantHow about a money market account,currently paying 4-5 %,FDIC insured,can access it any time.Not a money market fund though that is different I believe.
December 20, 2007 at 4:24 AM #121400moneymakerParticipantHow about a money market account,currently paying 4-5 %,FDIC insured,can access it any time.Not a money market fund though that is different I believe.
December 20, 2007 at 7:25 AM #121447Trojan4LifeParticipantUltimately it’s your money. Your advisor should be listening to your goals and putting you into investment vehicles that match them. If you can’t sleep at night, then you are taking on more risk than you’re comfortable with.
Change FAs.
December 20, 2007 at 7:25 AM #121420Trojan4LifeParticipantUltimately it’s your money. Your advisor should be listening to your goals and putting you into investment vehicles that match them. If you can’t sleep at night, then you are taking on more risk than you’re comfortable with.
Change FAs.
December 20, 2007 at 7:25 AM #121499Trojan4LifeParticipantUltimately it’s your money. Your advisor should be listening to your goals and putting you into investment vehicles that match them. If you can’t sleep at night, then you are taking on more risk than you’re comfortable with.
Change FAs.
December 20, 2007 at 7:25 AM #121280Trojan4LifeParticipantUltimately it’s your money. Your advisor should be listening to your goals and putting you into investment vehicles that match them. If you can’t sleep at night, then you are taking on more risk than you’re comfortable with.
Change FAs.
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