Current Events > One big investment account or multiple small ones?

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Admiral_Zero
05/11/23 1:39:52 AM
#1:


Would it be better to have say 1 account of $100,000 or 5 accounts of $20,000?

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Questionmarktarius
05/11/23 1:41:43 AM
#2:


Both. A diverse portfolio handled by one investment firm.
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Sariana21
05/11/23 1:45:30 AM
#3:


There are advantages to having your eggs spread across multiple baskets, but fees tend to be lower on accounts with higher balances. For example, at Vanguard an account with $50,000+ becomes an admiral account with lower fees and some other perks.

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Sari, Mom to DS (07/04) and DD (01/08); Pronouns: she/her/hers
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samsungsalt
05/11/23 2:18:35 AM
#4:


Ianafa but dont keep your eggs in one basket

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my old computer died and i didn't feel like resetting the password to my original account, so i created this one instead. now i only use it when i use my iphone
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shironinja
05/11/23 2:45:21 AM
#5:


In the news always hear about some old lady getting scammed out of her retirement savings.. so its probably best to spread it out.

that way if / when you get scammed you still have the others.

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Now or never.
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