Part 4/10:
For Tara, her decision hinges on her lifestyle and her capacity to dedicate time to managing investments. Balancing work and motherhood, she prefers the convenience of managed portfolios, accepting slightly higher fees—typically between 0.2% to 0.8% annually—in exchange for reduced effort in rebalancing and risk management. DIY investing, characterized by minimal expenses (ETF expense ratios ranging from 0.02% to 0.2%), offers greater control but requires ongoing attention to market movements, risk adjustments, and rebalancing.