Fidelity personal advisor. Suggestions

[jpismahatma]

Met with them last month. 100k manage chesta antunadu. 400 per year charge. Any suggestions? 

[Discotek]

S and P aina beat chesthada cheyada ?

[Sam480]

2 minutes ago, Discotek said:

S and P aina beat chesthada cheyada ?

this is what matters

[jpismahatma]

9 minutes ago, Discotek said:

S and P aina beat chesthada cheyada ?

They are saying returns of 10%. Historically. The scary part is invest 100k directly on day 1  in s&p

[rmJU72]

Usually they track an index and tax loss harvest it, or put in some private equity funds with almost fixed returns.

Find out more abt what exactly they are doing.

[ManchamKodi]

45 minutes ago, jpismahatma said:

Met with them last month. 100k manage chesta antunadu. 400 per year charge. Any suggestions? 

nee daggara 100k unda ?

[jefferson1]

29 minutes ago, jpismahatma said:

They are saying returns of 10%. Historically. The scary part is invest 100k directly on day 1  in s&p

you mean 10% return every year guaranteed with 400$ charge?

 

[Chittoorodu]

VOO / VTI & chill. If you dont need the money in the next 5 years. You will do as good as the market. Nobody can guarantee you 10% in a market downturn.

[jpismahatma]

55 minutes ago, ManchamKodi said:

nee daggara 100k unda ?

600k undhi bro.

[ManchamKodi]

2 minutes ago, jpismahatma said:

600k undhi bro.

buy house no or give it to @Sonu_Patel anna chala years nundi house konndam anukuntunadu.

money lekapoina house chustunna @Sonu_Patel

[jpismahatma]

7 minutes ago, ManchamKodi said:

buy house no or give it to @Sonu_Patel anna chala years nundi house konndam anukuntunadu.

money lekapoina house chustunna @Sonu_Patel

It would yield bad return.

[jpismahatma]

1 hour ago, jefferson1 said:

you mean 10% return every year guaranteed with 400$ charge?

 

No Guarantee  bro. Historical returns.

[jpismahatma]

1 hour ago, Chittoorodu said:

VOO / VTI & chill. If you dont need the money in the next 5 years. You will do as good as the market. Nobody can guarantee you 10% in a market downturn.

Problem is how to spread in time 

[ManchamKodi]

14 minutes ago, jpismahatma said:

It would yield bad return.

[Chittoorodu]

18 minutes ago, jpismahatma said:

Problem is how to spread in time 

You don't have to spend any time. VOO/VTI are ETF's buy-in as you would buy a stock and leave it at there - see it grow. You don't need an advisor for $100k.