Rich_by_the_Bay
Moderator Emeritus
I love this article by Scott Burns.
Over 15 years, the difference in returns between funds in the lowest quartile versus the highest quartile are between 1 and 1.5%, roughly (depending on the type of index).
That difference is almost always less than the fees charged by advisors. If you have any doubts about skipping an advisor (at least for optimizing returns), you need to read this. (I still see the value for some people - setting up asset allocation, tutoring on planning basics, tax-wise decisions, etc. Just not for returns.).
Over 15 years, the difference in returns between funds in the lowest quartile versus the highest quartile are between 1 and 1.5%, roughly (depending on the type of index).
That difference is almost always less than the fees charged by advisors. If you have any doubts about skipping an advisor (at least for optimizing returns), you need to read this. (I still see the value for some people - setting up asset allocation, tutoring on planning basics, tax-wise decisions, etc. Just not for returns.).