re: Fidelity Portfolio Advisors

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Can you purchase coca cola,Exxon, procter gamble,chevron,att,johnson and johnson,mcdonalds,walmart,pepsi and Phillip Morris on your own? They're going to charge you 1%+ to do that for you. If you value your money I'd say just buy an index fund,

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So every managed portfolio has exactly these stocks in each one??? You can't tell someone to just got buy an index fund there is way to much more to consider.

There are advantages and disadvantages of having a actively managed portfolio. I'm not a fan of Fidelity because I would rather deal with a real person than someone over the phone.

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if you wanna be proactive you could just do it all on your own

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Companies spend millions on analysts and researchers who all day long watch trends, companies, earnings reports, etc.... A lot of people don't even want to deal with that kind of stuff. The fee helps both parties, the more you make the more they make so there is incentive to have the portfolio perform well, while your not having to do all the research/buying/selling/re-balancing.

OP I would tell you to maybe look at someone local that you can call up personally and go see or talk to. I wouldn't feel comfortable just calling a 1-800 number for my investment portfolio's. I like talking to an actual person and knowing I can give my guy a call when I need him.