alsante1
Confused about dryer sheets
Hi, I'm new to this forum.
I'm 77, have had a CFA for several years. I work part-time still (M.D.) have a nest egg of about 600,000 + house and other minor savings. Thus, this CFA takes 1% of my total and on top of that I pay 12b fees, and maybe others...
I hear that 80% of financial advisors don't beat the S&P 500 index. The question, again, is should I fire him, move all my money to an online discount broker like Scottrade or Schwab, etc. and buy low fees ETF's, index funds, etc.?
Thanks a lot!
I'm 77, have had a CFA for several years. I work part-time still (M.D.) have a nest egg of about 600,000 + house and other minor savings. Thus, this CFA takes 1% of my total and on top of that I pay 12b fees, and maybe others...
I hear that 80% of financial advisors don't beat the S&P 500 index. The question, again, is should I fire him, move all my money to an online discount broker like Scottrade or Schwab, etc. and buy low fees ETF's, index funds, etc.?
Thanks a lot!