Yup. You'd be giving nearly a quarter of your pie to Fisher on the management fees alone...1. It is not negative sentiment, it is math that shows those high AUM are a large drag on portfolios. Way larger than almost anyone would think the first time the see it. Seriously, if one does not understand the impact of 1% AUM based fees, ask about it. The compounding effect is truly amazing over 50 years (15 years until retirement plus 35 year in retirement for you.)I know, there is a lot of negative sentiment about Fisher investments and other managed investments which charge fees based upon AUM. However, my retirement is 15+ years away and I am looking for growth while not making any impulsive/wrong decisions about stocks.
For the OP: strive to be in the bottom row of the graphic above for your entire investing journey.
CyclingDuo
Statistics: Posted by CyclingDuo — Fri Nov 22, 2024 7:34 am — Replies 30 — Views 2052