Nice post, with some excellent ideas that are well
Post# of 85483
(Total Views: 670)
Posted On: 03/09/2021 3:39:58 PM
Nice post, with some excellent ideas that are well worth thinking about! I second the plan of not selling a lot of UNVC shares in the beginning (this is what most here plan to do) just letting the shares appreciate and taking out loans, if needed.
While fiduciary financial advisors and investment firms may be a good idea for many, keep in mind that that such firms usually charge relatively high fees (1-2% of assets invested per year). That means less profits for you.
An alternative to higher fees is developing a portfolio of very low-fee Vanguard Index funds. Any books written by Jack Bogle (the founder of Vanguard) will help you with this. There are also many in-depth discussions of this strategy on the bogleheads.org website.
Additional Info:
The 3 Fund Portfolio: Simple Investing That Works
https://www.clevergirlfinance.com/blog/3-fund-portfolio/
The 7 Best Vanguard Index Funds for 2021
https://www.kiplinger.com/investing/mutual-fu...s-for-2021
While fiduciary financial advisors and investment firms may be a good idea for many, keep in mind that that such firms usually charge relatively high fees (1-2% of assets invested per year). That means less profits for you.
An alternative to higher fees is developing a portfolio of very low-fee Vanguard Index funds. Any books written by Jack Bogle (the founder of Vanguard) will help you with this. There are also many in-depth discussions of this strategy on the bogleheads.org website.
Additional Info:
The 3 Fund Portfolio: Simple Investing That Works
https://www.clevergirlfinance.com/blog/3-fund-portfolio/
The 7 Best Vanguard Index Funds for 2021
https://www.kiplinger.com/investing/mutual-fu...s-for-2021
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(0)Univec Conglomerate Inc (UNVC) Stock Research Links
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