bigstocksnbonds Sunday, 10/15/17 09:52:46 PM Re: bar1080 post# 9 Post # of 32 That story is very eye opening thank you! Yes our Fidelity managed funds true may be closet indexers. I know the fees for managed funds are in general higher than for VOO index fund, but Fidelity does have some of the lowest fees in the industry, well under 1%. We are paying the fees to be able to sleep at night and knowing they are properly asset allocated plus include bonds to hedge against a market downturn. Overall we are78% in equities. But it is true VOO is outperforming the managed funds by a small margin! I’m happy to have a good chunk in VOO and will look into QQQ as you said thanks! Peter Lynch is my hero!