He does not want to go through the trouble to find the best mutual funds or fund managers, but wants somebody to do that for him, which will cost him 1% of his total asset and no guarantee on the performance of the funds that the guys chooses.
I just can't make any sense out of it.
He wants to find somebody to buy the funds for him
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U know the cost of mutual fund u bought from the market
-jellybean3-
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04/16/2007 postreply
10:57:36
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I did buy some fund from one adviser several years ago
-skyport-
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04/16/2007 postreply
11:10:24
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Well, whenever I was advised for a new fund, the 1st
-jellybean3-
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04/16/2007 postreply
11:14:11
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Maybe I had too much bad experience with these guys
-skyport-
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04/16/2007 postreply
11:21:43
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1% fee is nothing.
-U6D3-
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04/16/2007 postreply
11:01:51