At This Size, Your Retirement Portfolio Is Too Big For Mutual Funds
Emma McGeorge
“It’s difficult to provide a specific dollar amount for when a retiree’s portfolio should move from investment products to individual securities, as this will depend on the retiree’s specific financial situation, goals, and risk tolerance,” says Mina Tadrus, CEO of Tadrus Capital LLC in Tampa. “However, as a general rule, if a retiree’s portfolio is large enough and they have the financial knowledge and expertise to manage their own investments, it may be more efficient and cost-effective to invest directly in individual securities rather than paying the fees associated with mutual funds and other investment products.”
“Still, Mina Tadrus, chief executive at Tadrus Capital, said he thinks the recent upswing is simply part of crypto’s natural volatility. Investors remained worried that
“Negative impacts of a bank failure such as SVB or Signature on customers and investors may include “a decrease in overall account settings, liquidity issues
At This Size, Your Retirement Portfolio Is Too Big For Mutual Funds
“It’s difficult to provide a specific dollar amount for when a retiree’s portfolio should move from investment products to individual securities, as this will depend on the retiree’s specific financial situation, goals, and risk tolerance,” says Mina Tadrus, CEO of Tadrus Capital LLC in Tampa. “However, as a general rule, if a retiree’s portfolio is large enough and they have the financial knowledge and expertise to manage their own investments, it may be more efficient and cost-effective to invest directly in individual securities rather than paying the fees associated with mutual funds and other investment products.”
Source: Forbes
Author: Chris Carosa
Continue reading here: https://www.forbes.com/sites/chriscarosa/2023/01/14/at-this-size-your-retirement-portfolio-is-too-big-for-mutual-funds/?sh=1ec3e5bf3ec6
Share:
More Posts
Here’s why bitcoin is rallying after collapse of Silvergate, SVB and Signature
“Still, Mina Tadrus, chief executive at Tadrus Capital, said he thinks the recent upswing is simply part of crypto’s natural volatility. Investors remained worried that
Biotech Stocks and the SVB Collapse – Here’s What We Know
“Mina Tadrus, MA, JD, founder and chief executive of Tadrus Capital, says these firms will need to find alternative sources of cash — all while
The Silicon Valley Bank collapse: What you need to know
“Negative impacts of a bank failure such as SVB or Signature on customers and investors may include “a decrease in overall account settings, liquidity issues
Money Life with Chuck Jaffe Podcast
Send Us A Message