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Old 11-20-2007, 09:51 AM
SamIAm SamIAm is offline
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Join Date: Jan 2006
Location: Atlanta
Posts: 1,711
OT-Institutional Money Management

So, I sold my business recently and find myself with a pretty fair size amount of money. Not buy a yacht and never work again kind of money, but enough.

I have been advised by some to just invest it in ETF's or index type mutual funds. But I have also been advised to give it to professional money managers. These money managers get 1.5 to 2% of invested money annually. This seems like a pretty steep fee to pay, but the returns net of fees seem to outperform the simple, but free ETF's and mutual funds.

I know a good bit about business, but not so much about investment. I have a feeling someone here could help me out. Let's see.
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