Are mutual funds every worth it?
  • On of my financial advisors has me in a lot of mutual funds. Personal capital is saying I am paying about 4k a year in fees for those funds, which is >1% of the value that advisor manages.

    Every time I ask the manager about this he says they really like those funds. Is personal capital just saying this to convince me to send some money their way to manager?

    Is it ever ok to use mutual funds? I mean, they have to do >1% better than their benchmarks to even break even....

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