I know I'll get roasted and thats fine, but neighbor said he can take my retirement account and have a third party invest and manage it for 1%.
Any thoughts on what stats he needs to show me to prove his investor is worth the fee?
Or should I just stick with mutual funds and avoid the 1%?
I'm not financially minded and would like to know where to look to aid in my decision. I don't often look at the market so I want something to make sense in the long run with out me doing much with it.
TIA
Any thoughts on what stats he needs to show me to prove his investor is worth the fee?
Or should I just stick with mutual funds and avoid the 1%?
I'm not financially minded and would like to know where to look to aid in my decision. I don't often look at the market so I want something to make sense in the long run with out me doing much with it.
TIA
