- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Fidelity Portfolio Advisors
Posted on 6/26/13 at 7:21 am to ThaBigFella
Posted on 6/26/13 at 7:21 am to ThaBigFella
quote:
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,
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.
quote:
if you wanna be proactive you could just do it all on your own
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.
This post was edited on 6/26/13 at 7:22 am
Posted on 6/26/13 at 7:25 am to RebelOP
Umm the bulk of most managed funds is just that.... Unless you're seeking some small cap high risk,high reward return and seek out that specific manager who is after that. Fidelity advisors will take your money and buy what you could have on your own. Over 1% fee plus etf fees? Wow
Back to top
Follow TigerDroppings for LSU Football News