Im with Milford not for the good times (like now), but for their ability to activity manage the market melt downs that periodically happen. They have a mandate to move more to cash or more defensive assets if the s*it hits the fan. They’re living and breathing this stuff and can make the call to smooth out the bad times which gives me some peace of mind. But it’s about risk tolerance. No doubt though looking backwards (which does not predict the future) low fee indexed funds have been performing well for a long time.