[retiredguy123]

Originally Posted by huge-pigeons

When you go with an investment advisor, they charge their fee on all the money you give them to manage, it doesn’t matter I f they invest in bonds, funds, money market, or stocks.
Also, don’t get confused with advisor fees and fund expenses, 2 different fees. You have to know what you are doing when investing. For example, I helped a friend that just gave an advisor that was a friend of a friend and this person was paying almost 5% in total fees, and on top of that, they were making no money on their investments.
Each fund you buy has many fees that can cost you more in yearly taxes (for example, high turnover) or when you sell. Sometime, look to see exactly what expenses you are paying for a managed fund compared to an index fund, it will blow you away, and that doesn’t include your advisor fees.

The only way to make money is investing in the stock market, working and saving your money in your mattress or savings deposit box will just lose you money, and your money still needs to grow after you retire

Your first sentence is not true with Fidelity Investments. They will only apply their percentage fee to the funds that they actively manage. If you have "buy and hold" investments in bonds, money market funds, or index funds with little trading activity, Fidelity does not charge a percentage fee on those funds.