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Old 02-17-2015, 12:18 PM   #12
Sylvanfan
Appealing my suspension
 
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Join Date: Sep 2002
Location: Just outside Enemy Lines
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I have done what I can to consolidate all my investments to the same brokerage house, or fund company. I know this used to be a bit of a problem as I had some money invested in one place, some in another, and than my wife had a couple accounts too.

In theory having 10 different amounts of $1000 growing at their respective rates over a certain time period will end up the same as 3 consolodated amounts that have the same averaged growth rate. Especially if they're not actively managed so that the buying and selling commissions can be neglected. Something just makes me feel better about having few accounts with a higher principal, probably a condition know as "Stupid poor person's weak minded thinking".

But as a senile old man, I am sure I'd forget that I had this money somewhere, and when I have to downsize my house when I get laid off later this year....I only need to change my address with one place.
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