A cry of frustration from a small investor dealing with big banks. Plus, the 2023 Buyer’s Guide for dividend ETFs

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A cry of frustration from a small investor dealing with big banks. Plus, the 2023 Buyer’s Guide for dividend ETFs
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A roundup of investment ideas for active investors

A reader has been visiting different banks to ask about investing her retirement savings.

Let’s define small portfolios as $50,000 to $100,000. For a young person with a small portfolio, I’d suggest either a robo-adviser or opening a digital brokerage account to buy an asset allocation ETF, which is a fully diversified portfolio wrapped into a single exchange-traded fund you buy and sell like a stock. But this reader is retired and her visits to banks suggest she’d prefer some human contact.

To that end, you need to go into the bank with a clear idea of what you want and need.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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