I have invested for a while, but the extent of my investing knowledge/ work is setting up a monthly bank transfer into Betterment, contributing money into my 401k, and mostly ignoring my accounts. (My most investment savvy thing has been doing a backdoor Roth IRA, so I’m not totally opposed to learning how to do stuff, I just haven’t.)
However, I’m starting to wonder if the couple hundred thousand I have in my accounts would be reasonable to self-manage through Fidelity or something to spare myself the fees.
Is it much harder to do self management than the auto-deposit roboadvisor route? If not, how exactly do you set it up? I understand that you aren’t trading all the time, but I imagine there are some steps you need to take to get the money invested… is there like an idiot-proof guide for how you do it? I don’t want to be an investment person, I just want to have something easy and stable.