Many investors feel that it is a waste of money to simply pay someone else to watch
and chose mutual funds and stocks for you, especially as this is something you can do yourself. Many do not believe that investment advisors can beat the markets with any more (or less) luck than you can. It's like hiring a plumber to turn on the tap and then paying him the extra fees for the water it allows the spigot to disperse. This process can go on year after year. Switching over to index funds as a way of investing may be a better choice for those who want to start smaller or even for those who are open to a new way of investing. It takes time, but those who do their investing this way swear by the results, and the savings.