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| The fees are where these guys make their money. So they are not necessarily aligned with your goal of making you money.
I would suggest reading some of the FIRE literature out there, then read up about the contest set up by Warren Buffet: passive index fund with low fees vs actively managed hedge funds with high fees. I did this and am now looking at Vanguard Index Trackers with low fees. | |
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Have you considered funds that are actively managed with a history of success and have low fees? Many active funds are very reasonably priced.
E.g. Scottish mortgage. Fees are 0.35%. Performance in the last year is over +100%. Way way outperforming any index.
Personally I don't like passive funds as I don't want to own bad companies. I have most of money invested with Bailie Gifford funds with a bit in Fundsmith and Smithson. The only problem has been that performance has been so good I am at a bit of a loss as what to do next. Probably a lot of Smithson.
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