What is an expense ratio? It is a fee that a mutual fund or ETF subtracts from your total investment each year for their service. Can that small fee have such a significant impact on long-term investment performance? Is it better to invest in low-cost index funds? The answer is a resounding YES because a … Read moreHow 1% Expense Ratio Kills Your Investment Returns
A mutual fund represents money contributed by multiple investors. That money is managed by an individual, or more likely, a whole slew of individuals. Not surprisingly, those folks who help manage and oversee your money do not do it on a volunteer basis. They get paid. Do you want to guess who pays them? You … Read moreWhat are Mutual Fund Expense Ratio and Fees?