According to the Wall Street Journal, the S&P 500 index is up 27% from the low on March 23rd through last Friday, May 1st.1 However, the future still seems unclear, doesn’t it? Every day we seem to get both positive and negative news about the state of the pandemic. Some states are re-opening and loosening restrictions, while others are steadfast in their extensions of stay-at-home measures.
As an individual investor, what are you to do in these times?
Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s worth it to go with the pros.
Active vs. Passive