re: Actively managed accounts

OK. Thanks for the background. And since you mentioned this in your OP,

quote:

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The problem is I have very little if any time to properly invest it on my own.

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I would at least do some reading on different types of ETFs in particular and equity markets in general, so that you can select some products that would be suitable for your risk profile. You really don’t need a fully managed type of account.

At 44, you can still achieve some growth and be able to weather downturns (which always occur). The main thing is DO NOT do what you see many people do and be tempted to (over) trade your investment account. Don’t let your emotions guide your decisions. You can go with an S&P 500 ETF that has a low expense ratio for the majority of your funds (set & forget) and choose some specialty funds that focus on biotech, artificial intelligence or whatever for smaller portions of your portfolio. Those will likely have greater volatility, but also a higher probability for accelerated growth.

Over the next 20 years or so, you should be fine. But if things go to hell in a hand basket, as some of the doom & gloom crowd preach, we’ll all be hunting deer on national forest land anyway. Personally, I don’t lose sleep over things that I can’t control. And that’s why most of my net worth is in equity based products and some still in real estate. I make my living trading options now and I’m not expecting the CBOE to shut its doors anytime soon.

Best of luck to you. In my opinion, you’re on pretty solid ground and you can grow this account even bigger by staying the course.