After years of leaving our investment decisions to my husband (the physician), I've finally gotten around to educating myself on the subject and going through our investments with a fine toothed comb. What I've uncovered are investments that are WAY too stock heavy with pretty much no diversification. After discussing the merits of asset allocation, backed up with books I've borrowed from the library and articles that I've forwarded to him, he is still not very enthusiastic about making this change. We started really putting money away after the great recession, so of course, our returns look great thus far.
We're pretty much on the same page with savings and debt repayment, thankfully. Due to his income and our saving habits, we have the opportunity to invest a sizable amount of money, and I am NOT okay with the possibility that all of his hard work and the sacrifices he's making for our family could potentially be incredibly costly due to how we're managing our investment accounts. I am fully on board with doing all of the work needed to overhaul our portfolios, and I do not want to outsource this to an advisor. Any tips on how to convince him that I may actually know more about this subject than he does?
We're pretty much on the same page with savings and debt repayment, thankfully. Due to his income and our saving habits, we have the opportunity to invest a sizable amount of money, and I am NOT okay with the possibility that all of his hard work and the sacrifices he's making for our family could potentially be incredibly costly due to how we're managing our investment accounts. I am fully on board with doing all of the work needed to overhaul our portfolios, and I do not want to outsource this to an advisor. Any tips on how to convince him that I may actually know more about this subject than he does?
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