Comments on: August 2007 Net Worth Review (+0.19%)

By: Tom

Tom — Mon, 03 Sep 2007 01:56:53 +0000

Considering the weak real estate market and stock market craziness, I think you did well.

By: Pinyo

Pinyo — Sat, 01 Sep 2007 18:59:15 +0000

Thanks, Lynnae and Eric.

Regarding, ETFs vs. Funds, that’s exactly why. It is advantageous over long term to save even 0.25% on expense, as long as you limit the number of trades. You can do the math on $10,000 investment and see that a fund that charges 1% expense ratio means $100 per year. That’s a lot of trades using my discount broker.

By: Eric

Eric — Sat, 01 Sep 2007 17:05:06 +0000

Looks like a pretty good month considering the volatility the market had at times.

As for ETF vs. Mutual Funds, I’m finding that it seems to be more advantageous to invest in the ETFs (as long as you aren’t buying and selling frequently and getting hit with brokerage fees). Is that why you chose the Vanguard ETFs vs. their similar mutual funds?

By: Lynnae @ Being Frugal

Lynnae @ Being Frugal — Sat, 01 Sep 2007 15:56:22 +0000

You’re doing great! Your numbers are going in a positive direction!