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A comment on Ask the algorithm: Human wealth advisers are going out of fashion. Parent comment

Re:Ask the algorithm: Human wealth advisers are going out of... by shostack on Wednesday September 23, 2015 @04:32PM (#10267956)
Out of curiosity--if you have consistently failed to find alpha over the Vanguard 401k plan, why do you continue with this approach? Not criticizing--genuinely curious.

Unless you really enjoy the time you spend doing it, seems like the opportunity cost of that 104 hrs/yr might be a bit steep both in terms of the cost of the time itself and the lost earnings from not having it with Vanguard's plan.

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Re:Ask the algorithm: Human wealth advisers are going out of... by Spooky23 on Wednesday September 23, 2015 @06:44PM (#10268761)
I get a match in contributions, and it's not a poor performer by any means.

Also, I have a couple of different portfolios that I manage differently. I enjoy learning about companies and different industries as a hobby, so it's not lost time to me. If anything I get some knowledge that helps in other areas.

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