Ok so I am rather new to the investing side of things, and I ended up going with an advisor at the bank I used to work at. I was actually rather happy with the returns on both my rollover IRA as well as the Roth IRAs I setup up there for myself and my wife. Being the noob that I was, Just just contributed my set amount every month, and watched the balance increase. But after being around here for awhile, I started doing a little more digging just to understand things better. What I found is kind of scary.
My Roth:
FIGCX - 2.33% Expense Ratio and 1% Deferred Load
FNICX - 1.75% Expense Ratio and 1% Deferred Load
Wife's Roth:
PVFCX - 1.82% Expense Ratio and 1% Deferred Load
PYSCX - 2.30% Expense Ratio and 1% Deferred Load
I looked at the Rollover and the fees are at or under 1% there, so I am not as concerned. But I am in quite a few funds and 3-4 individual stocks.
Might be time to rethink all of this and move things around. So frustrated.
Thoughts or advice?
