"mutual funds" is just an overused term that can lead to
by jt (2019-03-18 18:02:43)

In reply to: For the horizon of any investor building for retirement yes  posted by airborneirish

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confusion.

"Managed money" is probably the better term to use and it can encompass all kinds of things, including mutual funds, ETF's, etc.

I would say that a reasonable fee would be about 1% and that there might be other expenses tacked on there in the neighborhood of about .5%. Honestly, if people are going to pay any fees for this stuff they should be looking at things differently than just comparing to the S/P.

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