FAGOX

GaylrdFocker

He made more money putting you in FAGOX. You don't need an advisor. Fire him and move your money to Fidelity, Vanguard, or Schwab and invest in VTI.

DarkDollarDocs

Your concern is reasonable. VTI is a low-cost, broad-market index fund, while FAGOX is actively managed with a much higher expense ratio. Over long horizons, costs and tax efficiency matter a lot, especially in retirement accounts. If your advisor is compensated based on AUM or fund selection, it’s fair to ask whether they’re acting as a fiduciary and how they’re paid. At minimum, I’d want a clear, data-based explanation for why an active fund justifies its higher costs versus a simple index approach.

oddlotL1zard

I was hoping someone might tell me I’m over thinking it. He put me into FAGOX about 5 years ago off his recommendation

ImaginationNervous78

permabulls are $FAGOX