SSTF@lemmy.world to Ask Lemmy@lemmy.world · 7 months agoWhat’s the last thing you’ve done that’s made you ask “Am I stupid?”message-squaremessage-square78fedilinkarrow-up1100arrow-down14
arrow-up196arrow-down1message-squareWhat’s the last thing you’ve done that’s made you ask “Am I stupid?”SSTF@lemmy.world to Ask Lemmy@lemmy.world · 7 months agomessage-square78fedilink
minus-squareFrozengyro@lemmy.worldlinkfedilinkarrow-up2·6 months agoHopefully they are a fee only fiduciary. Don’t pay 1+% of your savings to them every year, that’s also a dumb mistake.
minus-squareBoozilla@lemmy.worldlinkfedilinkEnglisharrow-up1·6 months agoThey charge me less than 1% and typically return 5 to 6% (and minimize taxes).
minus-squareFrozengyro@lemmy.worldlinkfedilinkarrow-up1·6 months agoI would make sure it’s a passively managed fund with low expense ratios and little or no fees. An expense ratio of 0.10 or less is pretty common these days.
minus-squareBoozilla@lemmy.worldlinkfedilinkEnglisharrow-up1·6 months agoThanks. It’s still new but I’ll keep an eye on it.
Hopefully they are a fee only fiduciary. Don’t pay 1+% of your savings to them every year, that’s also a dumb mistake.
They charge me less than 1% and typically return 5 to 6% (and minimize taxes).
I would make sure it’s a passively managed fund with low expense ratios and little or no fees. An expense ratio of 0.10 or less is pretty common these days.
Thanks. It’s still new but I’ll keep an eye on it.