FA

Environmental-Meal14

**TA** Still bearish. Stuck below 20/50/200 MAs with short-term support at 1.30ish. I'm thinking it would take 1.65+ with 1M+ volume for a 1.90-2.00 gap fill, but all the recent pops have failed around 1.70. That's prob because of the ATM and insiders, so it'll likely continue. Still decent-ish for a scalp on the pop if you time it right. **FA** No revenue FY 24 or Q1 25 with a burn rate of around 600k per month, so a runway of like 6 months and their auditor issues a goimg concern warning. The shelf offering (ATM I mentioned in TA) allows up to $20m, but with 1/3 float rule the actual ceiling is around 6.2M; they still have roughly half of that dilution potential on the table. Because this is float-based, the cap can increase meaning potential dilution (especially once near the 1Y fall-off). The CEO also recently sold 70k shares and with two more Form 144s for 50k shares, that number is soon likely to go way up. Their AI platform bfLEAP is still not monetized, their assets are preclinical, and the two recent collaborations have no disclosed revenue attached to then so at this time are primarily for PR hype. To me, this can only be currently played as a scalp on the intraday pops, but beware the fade after, don't hold-and-hope.

Environmental-Meal14

After doing some FA/TA, I *highly* recommend you don't take a position unless you're looking for a scalp *and* are pretty good at charting/PA. I can expand if you'd like but there are far better plays out there.

ballsack-vinaigrette

I'm a fan of treasurydirect. The website looks straight out of 2008 but it's very secure with 3FA. Easy to move money in and out from any US bank.

bobdevnul

The issue with your parents is a personal relationship issue. I understand it could be a big problem to tell ones parents that my personal finance is none of your business. I was more diplomatic about than that with my parents, but they didn't get much info beyond that I have a pension and substantial in a 401K. Their attempted discussion of what is a 401K was particularly tedious. Maybe don't put any more with this FA and maybe trickle some out over the years. When you start your career job you should have an easy acceptable reason to favor your work retirement plan, 401K, etc. Spend off the money at the FA to increase your retirement plan contributions. If the FA discusses anything about your account or your discussions with them with your parents that would be a major ethics violation and possibly against state or federal law or regulations. I would make sure to tell them that you expect and demand absolutely complete confidentiality about you and your account. Advisors can provide useful service. There is more to personal finance than retirement investing. For example, they can talk people out of stupid investments like put too much or all in crypto. Too many self guided people will sell out to cash if there is a correction or crash. A FA should try to talk them out of that as a long term strategy. A wise well informed investor doesn't need to pay 2% a year and have a FA buy high expense funds. The portfolio your FA has you in doesn't look completely awful, just below average. They may be deluded into thinking they are a Wizard of Wall Street or just playing the role to grift 2% out of people. Be prepared for them to have slick self serving answers to your questions. 2% a year is a lot of money to pay for your remaining \~70 years of life. Good luck

BingBongCapital

Ya I would never pay 30% that’s ludicrous. Thankfully I have a great FA at a great bank where every con you’re focusing on doesn’t apply to me (can borrow against private shares, solves your liquidity point you raised probably to be argumentative, and bc I’m in a pool where hundreds of millions if not billions are being allocated by the whole of the firms’ wealth management clients, fees are in the low single digits, and that’s if they’re not getting waived entirely.) nothing is free, people who care about attaining and maintaining significant wealth understand that. As such, I play with my little bullshit lottery tickets here and there and let their team handle the big ticket items, private alts, financial planning, tax mitigation, etc. Also 13% seems low given the amount of millionaires minted last year via 401k values rising / general asset appreciation. And as I’m sure you’re aware you don’t need to be a millionaire to become accredited. You can be series 7 licensed, you can make a certain amount per year two years running. It’s not as high a barrier as you’re framing it to be. Idk why it’s so controversial to mention secondaries exist lol most people here are trying to make money, become wealthier etc. so if they didn’t know about it before they can now add it to their list of aspirations. Rich people don’t get rich by simply getting lucky in the stock market. Some do, sure. But most ppl work hard, strategize, and accept valuable advice about things they previously either weren’t privy too or it wasn’t their core competency so they decided hey, it makes sense for me to pay someone who is good at this to help me so I can continue to focus on (my business, strength, job, other things).

SM_Aggie

I would recommend talking to a FA about tax loss harvesting to offset the dividends some of your funds pay out.

unpredictablebrick

Didnt even FA just FO

Fun-Sundae4060

You don’t need an FA for just a million. You’re still fine with the general investment advice of VOO.

Lordqtip

Also I have many investments like btc, I own a home that I rent out, I have my own business and am starting more. I’m planning to run my Roth up to maybe 50 k with my FA and then take half of that and keep day trading w it and take the other half and slowly funnel money into VOO, QQQ, SPY, and SPX. But I would like to gamble on some low cap tech companies or maybe weapons manufacturers with good gov contracts that have a strong upside.

Gdap1992

Checks FA email: Account bussin Checks RH: Fuck me

The_NiNTARi

Let’s be clear — questioning the current status or market implications of the REGAL Phase 3 trial isn’t the same as denying the trial exists or making up news. No one is disputing that the study is ongoing and approaching its final analysis. What’s being debated is the narrative some are spinning around it, often without nuance or context. Yes, the 60th event was hit in early December, and the 80th event will trigger final analysis — that’s factual. But using the delay to the 80th event as definitive proof of long-term survival in the GPS arm without actual unblinded data is premature at best, misleading at worst. OS trends can vary, event timing can be influenced by many things, and median OS is not calculated off calendar dates — it’s calculated based on actual events across both arms. Quoting doctors saying BAT patients don’t survive beyond 12 months isn’t hard data — it’s anecdotal and not peer-reviewed trial output. Until the FA is completed and the results are published or presented, anything beyond “the trial is ongoing and approaching final analysis” is speculative. As for Dr. Stergiou’s statement — of course he’s optimistic. He should be. But being included in the Russell doesn’t validate the efficacy of the treatment — it’s a market cap-based index inclusion, not an endorsement by the FDA or peer-reviewed oncology community. Let’s keep the excitement grounded in data — not assumptions dressed up as inevitabilities.

GizmoGtrNismo

Made up news? The Regal Phase 3 study for GPS is only waiting for the 80th event. The 60th event was announced early December and after review by the IDMC, there were NO safety concerns. BAT patients MOS for AML CR2 was said to be 6-8 months by the doctors participating in the trial. One said you will not see a patient on BAT living longer than 12 months. It's been 7 months since the 60th event and the 80th still has not been reached. These patients have now been in the trial a minimum of 19 months. Once the 80th event occurs, it triggers the FA. MOS for GPS patients is likely to be 20+ months...that is an incredible life changing breakthrough for patients that right now can expect to live may 6-8. On linkin Dr Stergiou says in response to the Russell inclusion, "This milestone reflects our continued progress in advancing our innovative cancer therapies and building long-term shareholder value. Inclusion in these widely recognized indexes boosts our visibility with institutional investors **as we near critical milestones for both our assets, galinpepimut- S (GPS) and SLS009 in AML**."

Guardman1996

FA? Meet FO!

LaPlatakk

Dude the whole world is worried about maga not democrats. Unless,you mean they're worred that democrats do sweet FA, cause that is true

Just-Low-8930

I'm gonna ride power hour and get out. I think there's too high of a chance of losing momentum and getting buried by other things tomorrow. I may regret that. Not FA.

CSCAnalytics

If you have no clue how investing works you’re going to be asking the wrong questions. Unless you tell it to prioritize diversification in line with modern portfolio theory, you’re probably going to get advice that goes against the actual well researched theory of investing. ChatGPT regurgitates what it thinks will be the most likely acceptable answer to a general audience. The general population doesn’t understand modern portfolio, likely due to industry forces, otherwise everyone would just buy a low fee passive total world index fund like VT + scale into a diversified bond fund when approaching retirement, and the FA industry would go belly up.

Kitchen-Mix-5868

Interested in any resources. Also—TA? FA? What’s that?

Environmental-Meal14

Idk about all that but I've severely decreased my losses by switching from FA to TA. Came from bogle/value investing and lost my ass when switched to penny. FA still important but TA much more effective. I started by just google technical analysis for penny stocks and price action. Not any particular place, just looked for good writers or speakers. It's been a long road, 6 months of learning/a good call once a month and only past couple months of the majority of calls performing well. I helped someone here awhile back with good basics, maybe this weekend I'll have time tobcopy paste it and make it more digestible. Sorry couldn't be of more help for now!

TheBarnacle63

If it is not a discretionary account, the FA is forbidden to conduct transactions without your permission. If he did that, you can force him to return your positions to you, and they would have to pay the difference between the selling price and the purchase price. Contact whomever has the Series 24 in that office and file a formal complaint.

UPnwuijkbwnui

Is this the same chart? [https://fred.stlouisfed.org/series/BOGZ1FA106130003Q](https://fred.stlouisfed.org/series/BOGZ1FA106130003Q) Is there any place where you can see the average adjusted maturity for say the S&Ps investment grade debt?

Greenappleflavor

Yes. You can, embellished is the roles she’s held. Registered rep (didn’t dig deeper than brokercheck) at vanguard is likely phone rep otherwise Fidelity would have hired her as a FA or FC as they’re named, here’s an example of someone on your site who was FA at Fidelity: https://files.brokercheck.finra.org/individual/individual_5052295.pdf There’s no way Fidelity would list her as a client management rep if she was in advisory role. Bayntree does list their rep roles as IAR vs FA (don’t blame them, they’re small/younger) on sec site but they’re FA. So likely she was able to get FA through her licensing and experience at vanguard/fidelity where she was client relationship vs advising. Here’s an example of that for bayntree if it matters since we’re also pulling up sec: https://reports.adviserinfo.sec.gov/reports/individual/individual_7252844.pdf https://www.bayntree.com/scottsdale-financial-advisors#team ^ bayntree site that lists him as FA. Embellishment is stating she worked as advisor at Fidelity when she’s had 7 years of financial experience where 2 years are in advisory capacity at bayntree. This would be more accurate and less embellished imho.

Salty-Traffic-1398

While true, if I didn't have my FA I would have never had the guts to take such large positions in companies like nvda, pltr, tsla, and many others that have yielded massive (albeit mostly unrealized still) gains. While still maintaining the majority of my portfolio in broad index funds, of course. I'm young so there is certainly lots of potential for the tables to turn in the coming years, but I trust my advisor to rebalance as they see fit.

Johnny_Monsanto

They might also win the navy's FA/AXX contract which would be huge. Lockeed is out and I don't think Mr. T is going to give both 6th gen contracts to Boeing.

AugusteToulmouche

> U.S. AIRCRAFT TAKES OFF FROM SAUDI ARABIA AIR BASE Iran about to FO after their lil FA

FrankCastle2020

I wrote a couple DD on EONR. But here is the answer to your question as I see it. Their contracts guarantee that ~70% of their oil production will sell at $70-$70.50 per barrel no matter how low oil prices fall. This shields EONR from price crashes, like if global events or oversupply drove oil down to, say, $50/barrel. Yes hedging can limit upside. If oil prices surge (e.g., to $90, $100, or higher due to Middle East tensions), EONR will still have to deliver ~70% of its production at $70-70.50 under those hedge contracts. They’ll only benefit from those higher prices on the 30% unhedged portion of their production. So while the hedges protect them from downside risk, they also cap most of the upside gains from price spikes on that portion of production. The key to this company is really the fact that they are producing lots, cleaning up the balance sheet and the stock is super cheap. Not FA but thought I’d share my thoughts on it.

FrankCastle2020

I couldn’t find the responses to this post because Reddit was super flaky for me the last couple days. But glad I’m getting to it now. Their contracts guarantee that ~70% of their oil production will sell at $70-$70.50 per barrel no matter how low oil prices fall. This shields EONR from price crashes, like if global events or oversupply drove oil down to, say, $50/barrel. Yes hedging can limit upside. If oil prices surge (e.g., to $90, $100, or higher due to Middle East tensions), EONR will still have to deliver ~70% of its production at $70-70.50 under those hedge contracts. They’ll only benefit from those higher prices on the 30% unhedged portion of their production. So while the hedges protect them from downside risk, they also cap most of the upside gains from price spikes on that portion of production. The key to this company is really the fact that they are producing lots, cleaning up the balance sheet and the stock is super cheap. Not FA but thought I’d share my thoughts on it.

Narcissist_X

2FA

SirGlass

I mean only you can say if you find value in the FA I will say one thing; lots of people are comparing your returns with your FA to the S&P500 index; that may not be a fair comparision If you told your FA you had some sort of moderate risk appetite they probably do not have your allocation at 100% stocks . I would be wary of people telling you to just put all your money into the S&P500 index, could you handle or stomach a 40-50% drop ? However if the FA is doing other stuff for you like tax planning, estate planning ect, that is usually where the benefit comes in If the FA is simply picking your investments , I tend to agree with others you can save some fees and do that on your own, however I would probably suggest not going 100% into the S&P500 depending on your risk tolerance I personally just do this [https://www.bogleheads.org/wiki/Three-fund\_portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio) You can adjust how risky it is by adjusting your allocation to bonds

SirGlass

While I somewhat agree that most people will not find a whole lot of value using some FA, however comparing the FA returns to the S&P500 is sort of useless If the person was 25 , maybe. However the person could have sat down with the FA and told them they prefer safer more stable returns. If OP is 55 , going 100% S&P500 index may not suite their risk tolerance But I agree mostly , most people would be better off just with some bogleheads 3 fund portfolio and skipping the fees

clonehunterz

Yes, there are years with high crediting in FIAs, especially during very strong stock market years. However, these products have cap rates or participation rates, meaning it's not possible to receive the full market performance. A 23% return is very unusual and not representative in general (that's just my 2cents please take with grain of salt). Additionally, there are often years with 0% crediting. BUT! One can find downsides to any product of investment, so I have to agree with you, this is a highly specialized product for a very certain amount of customers, it has its place and time. I just personally distrust FA's so maybe Im just too biased in this topic overall, i have to admit.

molseh

Have you done any sort of FA on these stocks..? Have you checked for earnings, divi's? Or any other catalysts? Have you accounted for a Trump tweet? Won't take much for one or more to be ITM if the US joins Israel on Iran. Basing purely off of RSI is a recipe for pain.

Heyhayheigh

You’re going to get sold some annuity. Very likely not a good deal for you. But you’re likely asking to be fleeced by using language like “guaranteed”. Good lord. Structured products. Opaque, illiquid, high fees. What firm does your “FA” work for? I get the feeling it is a primarily insurance product firm. If he was a decent FA you wouldn’t have that kind of cash laying around, it would have been part of an investment plan. The. Again he might have been pushing for that and you didn’t listen so he resorts to that high commission trash since you won’t take real advice. Find someone ethical and trustworthy, someone you will actually listen to. Make a real investment, one that involves reasonable risk towards your goals. There is no such thing as risk free. Cash is eaten by inflation. That is not risk free. Best of luck out there.

creepy_doll

You're going to have to refer me to that stable triangle relationship because I'm not following what you're referring to. The closest literature I can find is https://www.cambridge.org/core/journals/world-politics/article/abs/strategic-triangle-an-elementary-gametheoretical-analysis/F0C8847A042646DB8FA9B8D8C8BB37A1 which doesn't suggest a mutually beneficial arrangement, but one of maintaining each other in check I personally think that the countries willing to coexist and cooperate should just reinforce their ties to one another and move away from the bullies as much as possible.

DrHarrisonLawrence

> Advisor’s new recommendation: an “undervalued AI infrastructure stock” (not a low-priced stock, market value > 50 billion I guess you’re talking about CoreWeave (CRWV), but you should ask your FA what they think about Nebius Group (NBIS). NBIS has been gaining a lot of traction the last 6 months and will continue executing for the next 6 months when their market cap will actually become $50 billion. Currently about 11-12B. Disclaimer: I hold shares on NBIS at $25.60

My-Cousin-Bobby

Idk what you're trying to tell me - but odds are your FA doesn't really know much about anything. That's my experience. I'm sure there are some, but generally their advice should really only be reserved for personal financial matters. Stock picking, especially when it is an individual stock, is pretty dumb and I wouldn't trust their judgement further than I could throw them.

ImportanceWestern896

Great question! My FA is solid on long-term strategy, but I like to cross-check trends—Reddit’s like having 1,000 extra analysts scanning for risks/opportunities my FA might miss

Didntlikedefaultname

I’m just wondering because from the post it sounded like these were picks from your FA but in your response to the top comment it sounded more like these were your individual picks and your FA was for tax and risk management

My-Cousin-Bobby

Advisors genuinely don't know squat. They can provide value to some people who actually do not know anything about the market, but I would almost never listen to a financial advisor recommending a single company stock. It's pretty uncommon for them to do that anyway since they usually just stick to funds. Source: was a FA, and had to explain the difference between a preferred share and common stock to *several* of my coworkers.

Didntlikedefaultname

So are the stock picks you listed from your FA or not?

ImportanceWestern896

My FA handles tax optimization & risk management, but crowdsourcing uncovers blind spots

nfordhk

You have a FA and don’t know their fee structure? You have other problems. Sort that first.

SnooSketches5403

How are you paying this FA? Seems like he’s fitting the mold of a commission based take your money type of FA. Please don’t pay this person. Look for someone that isn’t going to give you advice to take money out of your 401k for an investment. Unless you are rolling it from a 401k to an IRA to buy some security that is not available in your 401k. How old are you?

International-Post95

They just announced an acquisition of Niyama and Ezovion! Things looking pretty FA!

rolledoutofbed

Being a hoarder in stocks I just collected and didn't sell. Turns out I bought a lot of stocks that split many times and ended up doing very well. All because I hate selling things. FA now handles my assets and I don't have to worry about most financial costs. They've helped secure those gains and I couldn't be happier.

Traditional-Cup-5366

So your in-laws hired a FA for $10,500 annually.  That’s around $200 per week.   Do you think they will miss that money?

futilehabit

there is something nice about a little bit of FO coming after so much FA

fn_gpsguy

I’m retired and of an age similar to your in-laws. My siblings have used the same Merrill Lynch FA my parents (deceased) used and are happy. For a number of reasons, I decided to pay for AUM in retirement. I got a referral to UBS from a trustworthy friend and have been happy with that decision. I have four investment accounts using 3 different strategies. My guess is that your in-laws might have filled out a questionnaire - before the meeting or homework afterwards to gauge their aversion to risk, what their goals might be, etc. And, what you refer to as signing “contracts” was probably just the paperwork to transfer the accounts from Fidelity to Merrill Lynch. My guess is that once the accounts have been transferred the FA will analyze them and devise a game plan. If there were taxable brokerage accounts transferred in-kind (avoiding unnecessary sales/taxation), there may be talk about selling some that don’t align with their goals, new strategy, etc. Here are a couple of thoughts you might have them ask the FA? 1) How often will the FA talk with them? I talk with mine quarterly - he might recommend selling/purchasing stocks that have been removed or added to the strategy. At the end of the year, I tell my FA how much I want taken out of my inherited IRA (significantly more than the minimum). 2) Will these accounts be non-discretionary? If non-discretionary, the FA can’t make trades in the account without the owner’s approval. If discretionary - the FA can trade without approval and depending on the account, it might affect their taxes and possibly their Medicare premiums if their MAGI is too high. (I am subject to IRMAA surcharges).

chopsui101

yeah the ones you talk to....do you talk to most people? No, most people are completely fine managing a 1.4 million portfolio. FA don't have some magic glass that saves their clients money, most FA been on the wrong side of runs and had clients sitting in defensive portfolios in 2023 and 2024 and then they took bath in the first part of 2025 just like everyone else.

sconnielady

PED might be a good bet from what i've read. Not FA but i'm in on that one.

rpatel09

things that happened in the past but they've asked me for help and my wife as well. So just trying to provide good advice to them. I knew they were looking to do this but had asked them to talk to more than just that FA and try to talk to some local ones, get some performance history, talk about strategy, fiduciary responsibility alignment, etc... But they went and moved their brokerage account which has me a bit worried now as I feel like they jumped over some steps but maybe I'm wrong here...

Boss-Think

If it's been up 100% then it's not worth looking at, unless you feel utter fomo. Reel that shit in. not FA.

AllCapNoBrake

ALWAYS chase green candles. FA.

Frosty_Builder7550

First, you FA’d. Now (eventually) you’ll FO.

ficomacchia

4 billion records leaked, but mostly Chinese users—still, anyone with international data habits should hit 2FA and change passwords fast

pmbaji

A breach this size screams: turn on 2FA, update passwords, and double‑check your credit. Even if it’s not your data, we’re all reminding ourselves now

AdWarm8824

🤣🤣. So another vote for will not work with morbidly obese FA. Got it.

AdWarm8824

Not really. They can just charge you lower management fee and select low internal expense options. Many firms have 0 internal expense SMAs internally. The vast overwhelming majority of ppl can benefit from a financial plan /fa. The more the wealth the more true this becomes. If someone is prospected because they are in income mutual funds in a taxable account with negative lt capital gains, they could benefit greatly from a FA prospecting them, taking the tax losses, putting them into investments that dont have an income objevtive, dont pay out taxable capital gains like MFs, and has a tax efficient management strategy.

Pestty13

If they can't manage themselves, they can't manage my money. Seems simple enough. Most people are just scared to admit what they know to be true. Or they can't manage themselves (are fat) so they don't understand the thought process compared to someone that does (is fit/healthy). No shade, just how humans work. I used to be a big fatty and it came along with being lazy, having a food addiction, having mismanaged emotions, and just generally not giving any fucks. I want none of these traits in my FA. After a 5 year health/fitness journey and a complete life style change for the rest of my life, it's obvious to me that my original thought is just common sense. No fatties making life impacting decisions for me please.

ItsChappyUT

The FA’s ability to beat the market =\= the FA’s ability to beat DNA.

Sunny_Hill_1

Why would I care what my FA looks like?

myrianthi

If all it looks like to you is a simple password manager and 2FA app, then it's doing an amazing job because the user experience is seamless, it seems simple to you. But it sounds like you have no idea what's happening behind the scenes with SSO, access policies, conditional access, SCIM provisioning, RBAC, audit logging, etc. I administrate it so I see the other side of the app which you don't. It's an enormous and comprehensive IAM machine.

FxHorizonTrading

You'll only hear 2 extremes "Dont do it, waste of fees and you can all do it yourself" "Do it, its worth the high fees" And both sides have a legit case to make.. If your only looking to invest longterm, classic all-market approach, you dont need an FA for that But, if e.g. your overall situation is more complex, e.g. self employed, doing mega backdoor roths or just to explore "over the market returns" or "risk hedging", its better to consult professional help Yes, fees can be high as fuck Yes, those fees *can* be worth it The problem in the industry is that there are a ton of FAs who actually dont have a clue about investing and just try to sell shit to make a buck without helping the client.. Your searching for a minority in that space, but that does not mean they dont exist Good luck!

chopsui101

the additional value is to you and your strategy. If you have a buy and hold strategy then it as about as much value as staring up at a bird perched directly above you. If you are some FA or following some strategy where you are trying sector rotations, then it might give you data that you could not very easily or cheaply get yourself.

AllCapNoBrake

FULL. PORT. PUTS on MSTR and BTC. Both are going to $0. FA.

AlgoTradingQuant

If you enjoy giving away a portion of your net worth, by all means hire one but you’re better off opening a free Fidelity account, buy an index fund like VOO or VTI and beat 99% of the FA’s over long periods of time.

chopsui101

1. Can the US out preform forever does it need to? I won't be here forever and even if it only out preforms 4-5 years out of 10 the way the US and Europe economies are set up, the chance is that the US will far out preform the international even in a just a few year span. 2. Does it reduce volatility and increase ROI You can back test the return of the international funds and you will find that it does not increase ROI for a wide number of reasons. You can always look and see it doesn't reduce volatility. International by the way they operate, increases volatility because you give the mutual fund USD, they convert it to Euros, Yen, and whatever other currency and buy the stocks, when you sell they convert it back. If your international fund goes up 5% but the currency falls 2% against the dollar. International will have to out preformed the US buy more than 3% because you have increased currency conversion fees, currency risk and probably higher management fees. You can clearly see the difference by looking at 2 funds that track the same international index but one is currency hedged. Of course this also works in reverse. This violates a rule I have for myself, I invest in things that I only need to be right once in. That removes forex, options, that sort of thing. I don't take basket A or basket B when it comes to stocks. I might be wrong, but I look at how the US economy is set up and how international is set up and do an analysis and say that I think the US over a 20-40 year period is going to out preform. I opinion may change and I'm to say I would never invest internationally but if I'm following a passive investing strategy I'm not taking international and I'll review it every 5 years based on the current situation in the US. 3. Problem with Modern investing Problem with taking a 60/40 and never rebalancing so the international reduces over time is that you lose time in the market. That 40% could have grown at a much better rate and over 40 years that could be retiring on the beach vs greeting at Walmart. If you back test that make sure to DCA which is the way people actually invest rather than a single dollar amount. The problem with modern finance or post 2008 finance is that FA are way too worried about volatility. Over 30 years in a rules based portfolio that holds a good mix of large and mid cap stocks does volatility in year 1 matter in year 30? If you held a growth or tech ETF that fell 60-70% in the dot com bubble would it matter today or if your portfolio took a hair cut in 2008 would it matter 15-20 years later? It wouldn't so why are people so determined to create this perfectly diversified and balanced portfolio. 4. Value today vs value tomorrow The question you should be asking is more valuable to me, the value of my portfolio today vs the value in the future? If your 15 year old kid came to you today and said I have $50 I wanna invest it. Are you gonna tell them to make sure it's in a completely diversified portfolio to protect against risk? No put it in whatever you want the S&P, Q's, Crypto b/c even if they take a hair cut today the value today is small. Now if your 15 year old came to you and said they wanna invest their 1 million dollar trust fund would you give the same advice, no because now the value today is more valuable than the future value.

Duck-hunter1

IBRX up 10% today. FDA approval this week on their Cancer drug. Plus Saudi interest in the company. High short interest. This thing could rocket soon. Not FA. Just my 2cents.

isinkthereforeiswam

Musk was riding high in the FA phase. Now he's getting a hard lesson in the FO phase. Rich people that put dictators in charge tend to become the first ones the dictator sacrifices. Money won't buy musk out of trump sicking the doj on him, finding reasons to seize or freeze his assets, doing all kinds of ugly stuff. They're always all for it when it's leveraged against competitors, but then they become the target of the dictator and they say it's not fair.

luroot

Trump entering the FO phase after his FA phase now.

Adventurous-Date-397

Craziest thing happened today. I was constantly getting spammed with 2FA on my Google app, declining all of them. Then I get a call from Mountainview, and it’s an American dude claiming to be Google security, like west coast accent and everything. I immediately knew it was a scam and told him to stop scheming people, that it’s messed up to do that to people. And he said “sorry boss, onto the next” I just know so many people would fall for that. Not even a foreign accent, like a legit American pulling this shit.

Yaughl

AI is not this miracle everyone seems to be making it out to be. What we’re seeing now is the ‘FA’ phase; the ‘FO’ phase is going to be a big rug pool for everyone who has leaned too heavily into AI.

Zabobo

file:///var/mobile/Library/SMS/Attachments/75/05/723B5FA3-8505-45A5-ACA3-C34BC277F8FD/9BEBE4A4-2C9C-4C8E-8659-2C80668A95E4.gif

zenfridge

I agree - people are getting commissions or fees. I just don't understand where because (to me) it's not as simple as "here's you donut. $1.0 plus taxes (fees) are $0.07.... they're all embedded deep (to me). Our FA said these are commission free because we pay him AUM-based already [and he can offer these], but maybe he meant to **him** (but yes, people ARE getting paid elsewhere). I don't mind sharing the ISINs which I think is an easy google to get term sheets (but if you want them DM, let me know - some didn't have ISIN's in them, just CUSIP's). These were in January, but I told him I didn't want to move on anything until I understood better. Examples: * CUSIP / ISIN = 61777RQH9 / US61777RQH92 (Morgan Stanley trigger plus absolute return). The commission and fee portions are blank. :) * CUSIP / ISIN = 61777RUM3 / US61777RUM32 (Morgan Stanley) * CUSIP = 09711FFD4 (BofA income, least performing hasdaq-100, russell 2k, s&p500). I see a underwriting discount of $8.75, but don't understand how that plays in. I don't mind paying people to some degree for a product that has benefits.... but i do wonder if all that complexity is worth it. From a boglehead perspective, i suspect the answer is no. But I don't want to stupidly follow a philosophy.

effereum

As a grown as man, if you’re hiding things from your wife… if your relationship is that unstable and not unified… get a divorce. That’s the FA you really need.

DistributionBroad173

I good FA will not be buying options for you. Options are real exciting that third Friday of every month unless you go to LEAPs. You are better off buying one of many option ETFs, like MSTY and JEPQ. They work great in a bull market, watch out for a bear market though.

DistributionBroad173

Some say yes. If you hate talking about money or thinking about money or are confused by money, then do it I guess. I can only guess because I am none of those three types. Some say no. I have been managing my portfolio since 1983, I think I can manage on my own. That makes me a NO. I am almost 100% positive I know more than any FA I would talk to.

the_bueg

I say, people who say "chart analysis is stupid", are stupid. But you (gesturing broadly) keep believing that, and keep being my exit liquidity. (Well OK let's be realistic here. Keep being exit liquidity for much bigger fish than me. It's a hierarchy of exit liquidity, in a brutally exponential curve.) There are multiple kinds of TA. Trying to predict future price action by remembering "chart patterns" - is indeed proven nonsense. Basically astrology. But people who use TA effectively, don't try to predict *the future*. They use it in concert with the hard work of FA, hopefully industry experience, understanding the pulse of market sentiment and zeitgeist, and influential social/political/economic news. The effective use of TA helps clear out noise of what is happening *now*, and provides some objective values of choice to help with risk-management. But hey, if you just want to blindly DCA on every random peak, I'll be over here also buying periodically, but - for example - only when the 1-day, 1-hour, and 10-minute RSI align below 30. And when the price is 2% below VWAP, and in the value range of the daily volume profile. (As examples.) Etc. That's not predicting the future, that's helping to optimize a present trade. Whether the price continues in an even more favorable direction, is irrelevant. You made the best decision you personally could with the information available. The people who do this - if holding is part of that strategy - consistently outperform "DCA-and-hold". (Assuming they also don't FOMO and otherwise act irrationally.) Not just now, but the gains compound ever more over time. You know how just paying a few % more on mutual fund management fees - after the power of compounding - could mean the difference between eventually retiring with $20M vs $2M? Yeah imagine that compounding power - on steroids. They also say, "yOu cAnT bEaT tHe mArKeT". LOL, try telling that to the largest single slice of the US GDP. Which - in the end - basically is a system to transfer wealth from the working-class, to the top %0.1. Or try telling that to me, who comfortably supports a large family - with hard disciplined daily work - in investing. (And not spending like an idiot.) But you (gesturing broadly) keep telling yourself that "all TA is voodo". Whatever helps you sleep at night with mediocre returns and not having to do the hard work of learning, and the trial-and-error it takes to learn how to first manage risk, and then maximize returns. I don't even know why I'm writing this. In the short-to-meduim run, investing is a zero-sum-game. Any tips I give away, arguably come out of my ass. OTOH, I'm a small fish in a very large sea. I don't have to worry about liquidity. Also very few people do [or ever have] "listens to advice" anyway, everyone has it all figured out. 🤷

chopsui101

You're talking to a FA so so it will for them. They suggesting more bonds, are they calculating in your rental income, the fact social security is mostly bonds? How much free cash flow are the rentals making are they paid off or they got large mortgages on them? I'll say this, my dad his probably a few years older than you, had a rentals that was generating 50-80k a year and he had his investments 100% in equities with no bonds. Basically said I can live off my rental income and social security if I really had to weather a market down turn.

chopsui101

any FA is going to ask you a couple questions.... 1. Whats your risk tolerance for the money 2. What and when you plan on needing the money 3. What is the money set aside for

sconnielady

Not sure. I bought in a couple weeks ago waiting on acquisition and Italian government contract news. Not FA but probably wait for this dip. No news so I don’t see the rush. But I did just buy more

Negative_Ad_3822

Just drive it to $.1 my guys. Not FA - in for 100k shares

I_am_Nerman

F'n A! I was going to buy UNH at open but Fidelitys 2FA was giving me shit and I couldn't get in. Now just watching it go up and hoping for a pullback

Dazzling-Primary-815

Please don’t go to a FA. Do your DD and you’ll see it’s fairly simple. Idk your age/situation but simply drop it in VOO and check back way later on it. 

yaris205

 OPEN FA CASINO

HumidMind

I m hiding in the corner with cash and snag the dipiest dips & best of the best to hold. Watch the next Fed auction for clues. The 20 was a riot. The Annoying Orange will comply fast if the bond market says "5.5 or 6% on the 30 you keep FA buddy"...

ModeForJoe

WHAT TO LOOK OUT FOR: Bonds made some big moves this week, and not in a good way. Cheeto seems delusionally and pathologically motivated by tariffs and Bessent keeps talking him back from the ledge. Once the supply chain interruptions and price issues start to bite, Navarro and Nutlick might use see that as an opportunity to undercut Bessent, undermining him behind the scenes as a non-maga soros boy globalist (guilty). Simultaneously, SCOTUS is still tempting the FA part of FAFO: they're allowing a POTUS to fire independent commission/agency heads, but also said 'pretty please don't fire the fed chair' ...as if you can trust this guy by giving him even one inch. We have no idea what will happen in the next few months... but... **IF** the economy goes south he might fire Bessent, then I think this will cause a domino effect of: crazy bond yields, followed by high interest rates, followed by firing Powell (long may he rein) not cutting, and then a likely policy spiral: the one lever Cheeto can pull unilaterally is tariff, and we'll go on a tariff tantrum. What do you think? Any talk, even anonymous and on background, about firing Bessent is a MASSIVE red flag. Just seeing Navarro or Ron Vara (never in the same room, mysteriously enough) more often on TV is like 3 yellow flags... in summary: ¯\\\_(ツ)\_/¯

_my_other_side_

As an FA, I need to start saving screen shots for a flip book when I need a good chuckle.

SquirrelHoarder

I’d have to check with my FA on that one, but you can get 4.75% on $HISU.U

Memento_Apriori

[50% off all year](https://www.walmart.com/ip/Keebler-Coconut-Dreams-Fudge-Coconut-Caramel-Cookies-8-5-oz/234415131?wmlspartner=wlpa&selectedSellerId=0&selectedOfferId=4658EA45BEB84FA2A5F3C1A4ADC3F9D3&conditionGroupCode=1&wl13=2137&gclsrc=aw.ds&adid=22222222278234415131_161193766053_21214199653&wl0=&wl1=g&wl2=m&wl3=697173827980&wl4=pla-2348450966064&wl5=1021047&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=local&wl12=234415131&veh=sem_LIA&gad_source=1&gad_campaignid=21214199653&gbraid=0AAAAADmfBIrSsRoYUB_9gDeDKqroxc_r9&gclid=Cj0KCQjwlrvBBhDnARIsAHEQgOSbGG065-C-eh2fje5uhD68CfuIpv23J6sHFyHN2vZbyS2rdLDdbOIaAr6vEALw_wcB)

oldcreaker

The bill has passed FA, and is headed to FO.

Cultural-Ad678

as an FA....correct, theres also nothing an FA can do here.

JCandle

This person doesn’t know what they are talking about since they mention taxes twice. You will not have to pay taxes on 100k or even 1 million. It would need to be 13.99million to pay taxes. The only situation where taxes would be involved is if this was in an IRA, which since it sounds like it was in a checking account, is not the case. Don’t waste your time with an FA for $100k.

Humaniac99

MAG7? More like FA... eh nvm I don't wanna get banned

TapeLegacy

https://preview.redd.it/qwjtwtoxvt1f1.jpeg?width=1284&format=pjpg&auto=webp&s=206f153b1e7fcdb0f3b723971ac68ada883f871c Bro I zoom out and see blood shed, and then I see you have 7mill. Divide that into 2 and put that in a SPAXX account and now you have $140,000 a year, $11,666 per month….and then while you live comfortably you can invest somewhat into your favorite companies…but no. I guess the stock market is a casino for some people with fat ass pockets, im no where near close to your wealth but that’s what I do with my money. I hope you win big bro, this wasn’t FA.

HarleyGC

Just because you watch a bit of news and follow Reddit threads doesn’t mean sweet FA. 99% of news on stocks and financial data etc is dumbed down nonsense to make it seem like you are in the loop. Not even the best of the best know truly what drives the markets when and where. The one thing we all know is that in a long enough time period ETFs trend upwards. So stick your money in an ETF and chill, anything else and you’re gambling.

degearea

Wow. Thanks for the condescending remarks. Ive done extremely well with my own private investments and utilizing my FA over ten years for planning my retirement which will occur when I’m 55. We just happened to disagree on one thing. Luck to you.

DM_KITTY_PICS

An FA is never "needed". And you're not listening to yours anyway. You say you don't understand the market, but are actively timing it with 75% of your port. Just DCA S&P and forget about it. You don't even seem to understand the concept of forward looking markets.

degearea

I sold before the tariffs came into play. Have taken no loss but getting back in after a sham pause with China seemed stupid. It’s not a real deal. I’d like to get back in and just leave it there. And yes I’ve a high enough net worth an FA is needed.

degearea

I cannot comprehend this market. Am basically 75% cash at the moment. My FA is pushing me to get back in but I can’t comprehend why. No deals have been made with a top 10 partner. Tariffs are still in place. Prices are going up despite the lagging data. Consumer sentiment is at a record low. Feel like a drop of 15-20 percent is in the cards but when?!??

OCD_Trading

Are you planning to buy another place? Did your FA do a cash flow analysis for a future purchase if need be? What’s your timeframe etczzz