Quick question. Do the low advisory fee and fund fees sound like a good deal? It’s for a robo account.
Hey Megan! Those are typical of a roboadvisor. If you’re hesitant about deciding which funds to pick, how to rebalance, or afraid you’ll make a mistake and get started investing, then I think a robo advisor can be a great option! The fees are much lower than high fee managers or actively managed mutual funds (which can easily reach 2%).
Here’s a post I did on roboadvisors:
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