Frank Armstrong
Frank Armstrong
asset state
That's not an asset the state can see.
dollar gain income irs ordinary pension subject tax taxed wants
If it's a pension plan, every dollar you take out is subject to ordinary income tax because that gain has never been taxed before and the IRS wants your money.
half imagine invest meant people percent sold
They're meant for half of one percent of the people they're sold to, ... I can't imagine who would need to invest in them.
company far funds held large lower small thinks value wider
He's not getting the kind of diversification he thinks because they're all in large company growth, ... If he held small company funds or value funds or foreign, he'd have wider diversification, and far lower risk.
hold might overlap
There's a lot of overlap in his plan. You might as well hold an index fund.
hide pay
Why would you pay more for a big name? It comes out of your hide each and every year.
jack
We wanted someone who's an underdog. Jack was always struggling.
buying fairly high highly issues means point
We find that all the time, ... High growth, high-tech issues are at a point now when they're horrendously highly valued, which means he's excluding buying sectors that are fairly or undervalued.
appears police
There appears to have been no operational police response,
buy vanguard walk
Why not just walk over to Vanguard and buy the S&P 500 index fund?
change free inherit meets portfolio
What you inherit may not be appropriate for you, but you can change that. It's a one-time free way to change the portfolio that meets your needs.
drop dropping matters question
The only thing that matters is profit, ... This drop in the Nasdaq is long overdue. The real question is not why it's dropping but why it got so high.
asset client initial
We wouldn't rebalance a client on a tactical basis, ... We would only try to get them back to their initial asset allocation.
asset client initial
We wouldn't rebalance a client on a tactical basis. We would only try to get them back to their initial asset allocation.