I am looking for some help on this front.
I know there is

Vanguard
Fidelity
C. Schwab
Fisher

Who else is there that you can kind of self direct an investment account?

Someone posted a youtube vid. of a company but I cannot find it.

So I am looking for recommendations for a reputable company other than the above mentioned.

By the way. What is your plan? Just let your portfolio drop another 15-20% next year. That is where we seem to be headed.

I would like to try something else if there is anything one can do other than just stay the course.

I have managed my own for many years. Edward Jones depends on your broker. They occupy an office next to mine. Their clientele is older and not well heeled which is a plus. They won't be pushing crypto and options.
Bonds should do well no matter how the stock market performs. More in cash than usual.

I have no idea what that means. Did you read my post?

I use Fidelity and E*TRADE and my wife, uses Charles Schwab and Fidelity. A lot of this is driven by history with particular companies retirement accts.

quote:

Originally posted by old rugged cross:
I have no idea what that means. Did you read my post?

^^^^^^^^^^^^^^^
What do you not understand?

Well, you added the tidbit about bonds
Which in the last year have sucked worse than equities. So there is that.

Man what is with the hostility? My post was very clear and made clear to me that YOU need a managed account. You try to help someone and you come back with this shit?

ORC, I have pulled 80% of my investments back into cash over 12 months ago.

We may get a little Nother pop here in the following days and I will continue dollar cost average out of the market until I see some fundamental changes.

My older brother is good at this. He is helping me move my two 401k's and an
IRA into Vanguard. I'm tired of getting my quarterly statements to see I've lost
another 15 or 20 thousand dollars.

Thanks Sign, I hear you on cash. Though some have theirs in an IRA so getting into cash is problematic. Rolling it out of something and into something else is not. Vanguard and some of their woke bullshit has me looking for alternatives other than the major players. Financial advisers such as they are, are out.

Well, if you want to "self direct" any of the ones you mentioned allow you to do that.

I'm with Fidelity, and I have a dedicated account manager, but he does not manage the account. I can call him and discuss options and get advice, but as far as handling the account it's all on me. Now, if you want a managed account where you will pay a fee there are lots of options, but of course they give not guarantee as to performance.

quote:

Originally posted by old rugged cross:


By the way. What is your plan? Just let your portfolio drop another 15-20% next year. That is where we seem to be headed.

I would like to try something else if there is anything one can do other than just stay the course.

Whatever you do is a gamble based on your guess what is going to happen.

One option is to go all cash right now, then buy into diversified funds over the next year or two. You'd sell out of whatever you're in, taking some losses but preventing any further losses. So you would be dollar cost averaging as we go down to the bottom and start up. That is based on the assumption the market is going to go down some more but be headed up within about 2 years. You could put 5% of your cash each month into whatever diversified portfolio you like. In 20 months you're fully invested.

Another option is to be quite defensive, expecting a large drop in stocks and traditional bonds. You could go to something like 1/3rd silver. That's actually about where I am right now. I believe silver will make a big gain, with little downside. But that is not a diversified approach!

I am a combination of those two approaches - heavily into silver, lots of cash, with the plan to buy incrementally into a diversified basket of stocks through the next year or two.

I like dividend stocks since they tend to be less volatile, so those will be my earlier purchases.

TIPS are an ok idea in that you shouldn't lose value. Be aware, though, that funds can lose money even when the underlying asset is good, which is what happened with VIPSX. VIPSX holds TIPS and should therefore be safe, but it has gone down as people pulled money out (maybe distressed investors needed cash?). Buying actual TIPS bonds yourself seems a lot smarter than an ETF for that reason.

I talked to fisher investments for a little bit many moons ago … Ended up deciding they are just like nearly every other advisory firm. (I should know… I was kind of in a similar, “advisory services” business. Different client-base however.)

And I am a big fan of ROTH vehicles. ROTH 401k an ROTH IRA. Many reasons beyond what the typical internet article bring up.

Does Fisher from your list accomodate self-directed investors? I thought they're mainly a Financial Advisory (a "fiduciary").

^^^^^^^^^^^^
Fischer manages money at a HEALTHY premium. Those commericials are not cheap. Ken Fisher probably will not manage your portfolio.

I do not know anything about fisher.

To be clear I understand what Navy guy said but that is not what I am looking for.

Are there not other, smaller companies offering similar services like the big ones?

Sort of like Vanguard was 40 years ago.

It is actually rather simple. First formulate your goals. Close or in retirement capital preservation is the goal. If you are young you should be heavily weighted in stocks. I did very well with dollar cost averaging through the many Bear markets. You have to keep your emotions in check. Pay less attention to individual stocks and keep your goals in mind.

quote:

Are there not other, smaller companies offering similar services like the big ones?

^^^^^^^^^^^^^^^^
EDWARD JONES. I guess you missed that.

Stick ed jones Z. I got your contribution. Thanks for it. Got it.