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Morningstar 401 manager
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<blockquote data-quote="Jones" data-source="post: 3121465" data-attributes="member: 4805"><p>So going off what DILLIGAF1 said EJ charges 1.44% to manage your money vs the .01% fee on the Prudential S&P 500 fund, roughly 140 times as much. And what do you get in return? There's a <a href="https://www.cnbc.com/2017/04/12/bad-times-for-active-managers-almost-none-have-beaten-the-market-over-the-past-15-years.html" target="_blank">very short list of active fund managers who beat the market</a> and I can pretty much guarantee you that some flunky at EJ is not on that list and even if he managed to come close on a good year the exorbitant fees he's charging would more than eat up the difference. But hey, he knows your name so I guess there's that...</p><p></p><p><img src="https://i.imgur.com/dnr3gDr.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="Jones, post: 3121465, member: 4805"] So going off what DILLIGAF1 said EJ charges 1.44% to manage your money vs the .01% fee on the Prudential S&P 500 fund, roughly 140 times as much. And what do you get in return? There's a [URL='https://www.cnbc.com/2017/04/12/bad-times-for-active-managers-almost-none-have-beaten-the-market-over-the-past-15-years.html']very short list of active fund managers who beat the market[/URL] and I can pretty much guarantee you that some flunky at EJ is not on that list and even if he managed to come close on a good year the exorbitant fees he's charging would more than eat up the difference. But hey, he knows your name so I guess there's that... [IMG]https://i.imgur.com/dnr3gDr.gif[/IMG] [/QUOTE]
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