Thank you. You are the first person to actually understand what I am trying to say.

I think you missed three facts that I keep trying to hammer home.

I genuinely don’t care enough to do research and spend time watching the markets. I’m fortunate to have more money than time these days so $750 is worth vastly less than me doing it myself.

It’s safer. This is a huge % of my life savings were talking about. I don’t trust myself to do it.

I don’t care. At all. In any capacity.

Ah yes there is no such thing as experience or knowledge in financials!

I’m in IT and it’s the same way! Throw on an LTT playlist and by the end of the day you’ll be a sys admin!

THEY want to make money

Yes, but they make money when I make money. I pay like $750 per year to keep my account open, but other than that he only takes a percentage of my monthly gains. The more money he makes me, the more money he gets from me.

And yes of course I could do enough research to match or very them in gains and I could spend enough time watching the markets to make sure I am making sound decisions. Or I could just pay someone a few hundred bucks a month to do it for me. I know what decision I chose.

So I do actually have a high interest account from Capital One it’s very nice. But yeah there’s a bunch of rules like minimum monthly deposits and it takes up to 5 business days to transfer money out of it. And because y’all are assuming, I also have a 401k and HSA maxed out, and a Roth IRA I put some money in each month.

But yeah I intentionally left out a lot because I am not a financial expert, which is the reason why I went with a broker anyways. But here are the answers for your questions

• I have a broker through JP Morgan. I don’t know the guy and don’t talk to him outside of the once a month he calls me to update me on what’s going on.
• I don’t know what stocks he is trading and I don’t care. Every once and a while I’ll ask him to invest in something I think would be good like Nvidia or AMD but by the time I hear about something he already moved money around
• Of course he is working for the company and not me. I am not that wealthy haha
• He consistently makes me 4-6% gains which is plenty for me.

Hi so I am actually maxing out a 401k and HSA, I have a IRA too but I only put a little bit into it.

But this is my long term savings and retirement. I don’t trust myself enough for that and I’ve made 4-6% gains consistently since I started. Significantly better than I would be able to do (I know because I’ve tried with smaller amounts) plus I don’t have to worry or think about it.

Sure, but this is my retirement and long term savings. I’m able to admit my limitations and this is one of them.

I go to a doctor when I’m sick too. I trust professionals.

Actually just avoid the stock market entirely and pay someone else to manage your money.

I just have an account that I deposit money to every week when I get paid (actually it’s automatically deducted) and never think about it.

So in Chinese traditions “10000” is just a stand in for “really big number”. Kind of like how, at least here in the states, well say “there’s a million of them”. Not that there is literally 1,000,000 of the thing, but more there is just a lot of them.

But what if I am just trying to get in their underwear???