Part 5/10:
While fees are a consideration, the difference in potential returns between the two approaches may not be substantial. Managed portfolios tend to aim for around 8% annual returns, often tracking market indices closely. DIY strategies, which involve selecting broad-based ETFs, might achieve 6% to 7% returns. After deducting management fees, the performance gap narrows further, emphasizing that the decision may come down more to convenience and peace of mind than to maximizing returns.