Search found 79 matches

by CathyF
12 Feb 2012 16:48
Forum: Financial Planning and Building Portfolios
Topic: Fee only Financial Advisors
Replies: 70
Views: 18039

Re: Fee only Financial Advisors

IMO, financial advisors are not worth it for the average investor. If you have a small amount of money, then the standard model works fine, because you're not paying much for their advice or effort. But you won't be getting much service, either. If you have a lot of money to invest, you're far better off learning the basics yourself, and doing it through a discount broker. That will save you thousands of dollars per year, and cost you a couple of hours of time at most. Stick it in some ETFs and bonds, and reallocate once a year. Simple. If you think an advisor can beat the market and give you value for money (i.e., beat the market by over the 1% he's probably charging you), then good luck! If he claims he can do that, then he's selling snak...
by CathyF
09 Feb 2012 09:14
Forum: Financial News, Policy and Economics
Topic: Charities - overhead vs programs
Replies: 190
Views: 33893

Re: Charities - overhead vs programs

A lot of "charities" are only in the giving business for themselves. That is, they love to give to themselves. It isn't about the cause. I try to donate to charities I think are doing good, and have low overhead. Mostly I give to local charities, although also some national ones. I'm afraid to look at what the national ones waste, as it would probably anger me and cause me never to give to them again. I never donate to United Way, despite their extortionist practices. They claim a low overhead (something like 13%), but why would I waste 13% when I can give directly to the local charities I really want to support instead? I cut the middle-man out of that loop. we as a family are still quite far from the often cited 'target' of tith...
by CathyF
02 Feb 2012 08:11
Forum: Financial Planning and Building Portfolios
Topic: Credit reports for non-resident citizens...
Replies: 7
Views: 1859

Re: Credit reports for non-resident citizens...

Thank you, I think that's what I'm looking for. They really want to trick you into paying for it!
by CathyF
01 Feb 2012 08:22
Forum: Financial Planning and Building Portfolios
Topic: Credit reports for non-resident citizens...
Replies: 7
Views: 1859

Re: Credit reports for non-resident citizens...

Hi. Dumb question...
How do I get copies of my credit report? Is it free? I guess a more basic question I need to ask is who do I contact to get my credit report? Is there one place, or multiple places? I get the impression there are many companies that keep various credit info on me. Is there a list of all of them? Also, can I get someone else's credit report? I presume I can, but probably have to pay for it?