[BrokeAssMillionaire]

Yes, always self-managed all accounts even rental and doing tax return. I refuse to have someone to do for a fee. That's what you educated for.

Not sure about pros and cons:
-cons: pay fee + % of gain (stock up) , pay fee + loss (stock down)
--If you think they manage and never negative your account, then they won't do this job. They can be millionaire.
--They're millionaire because they make money from you

-pros: they find the funds for you. However, when the market down, you loss too. That's what happen to my cousin that let them to manage his account. It's no exception, they can't predict the future.

Everyone would gain a lot if they join 10 years ago whatever funds they got in. Any funds you get in for the last 2 years may not gain much as you have seen the market up/down. Those of my funds have over 50% gain because it was in before 2018. Anything I am in after 2019, I would say 3% or get even.

For example of my 401k, my check contribute on first of the month and I realize that the first of the month, the market always up. Then it's down after that. So the last 2-3 years, my 401k wasn't gain much except the big gain was the funds from the last 17 years. This is my last year of contribution so I crack up $61k total for Roth 401k and 457b, then keep it until they force me to take out since it's after tax, otherwise, I don't really the cash. This is the reason I don't want to pay fee for someone to manage my account. It's kinda ridiculous.