Quote:
Originally Posted by masraum
I'd stick with an adviser that I have to pay.
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Me too.
Quote:
Originally Posted by masraum
I like indexed funds, not active funds where some expert thinks he knows how to beat the market. Even if the "market" made 10% and the active investor made 11.5 or 12% over time, that extra return would probably be completely consumed by the fees paid to that expert to beat the market.
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I agree. I'm comfortable with a no-load index fund with an expense ratio of less than 1%, though before I turned 60 I did have some more aggressive managed funds that did well for me.