User 1

Mutual Fund Madness Versus ETF Sanity

I smiled as I read your comment, Jon. Yes, been there, done that. My solution was to end up actually building the portfolios for family members in their online brokerage accounts. Hold their hands while they move brokers ("Did you know you can earn more interest with E*Trade?" helped), then set up a portfolio of ETFs and closed end funds (for India, Turkey etc) for them, and then ask them to rebalance once a year. Only problem was they wanted me to do the rebalancing as well!