Ask Terry Questions Raised management fee by Fidelity

Raised management fee by Fidelity

By Terry Savage on January 29, 2024 | Investments

I am 79years old and have a managed and a self managed fund. My self managed fund is in Tech. The managed fund is conservative. Fidelity recently raised the management fee to over 1%. I am contemplating going 100% self directed. Does that sound logical, and if so, what funds do I get into to better diversify?

Your help would be appreciated,

Terry Says

If you feel comfortable making the decisions –and have the self-discipline to stick with those decisions, then why pay 1%?

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