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Is a 1% management fee ‘fair’?
Is a 1% management fee 'fair'? I've been dumping all of my money directly into the S&P 500 with basically no diversification because... whatever. I met a pretty cool financial planner (friend of a friend) who charges 1% annually of whatever amount of your money he manages. He mentioned diversifying in the S&P 400 as well as the S&P 600, potentially grabbing some bonds, and g...
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