100% agree. Quality advice is a critical requirement in achieving your goals. I am wrong if I think I even know about the myriad of investment opportunites and which are right for me at various times.
Exactly. I also spent time talking to other advisors, both independent and with companies to get different views. I went through buyers remorse type thoughts about 5 years ago, thus my research into other options.
More than likely your 403b advisor put you in a fund with low beta stocks which means there not very volaitile. They probably pay a dividend but the price of the stock doesn't go up or down a whole lot so the rate of return is low . Where as some stocks are more volatile and are interest rate sensitive and go down as they raise interest rates like were seeing right now.
Well, in CA they aren't really giving us anything. State law sez there is a budget surplus cap; in excess of the cap they have to give it back to us, the tax payers. I ain't holding my breath...
