I had to pick between a high-fee robo-advisor and a basic index fund last year
I went with the index fund and saved over $200 in fees. It's been a lot more hands-on, but I'm glad I didn't pay for the automated service. Anyone else choose the simple route and find it works better for them?
It's not just about what the money buys now. It's about the stress it saves. That two hundred bucks could be the buffer that keeps a small problem, like a flat tire, from turning into a huge crisis. For some people, that's the difference between paying the electric bill on time or getting a late fee. It's peace of mind money, which is pretty hard to put a price on.