I actively
avoid high fee funds for this reason.
Not exact matches
Buffett also notes in his latest letter to Berkshire Hathaway shareholders that for smaller investors
avoiding high unnecessary
fees and buying a good ETF index
fund from a company like Vanguard is a great option for solid returns.
I knew enough to
avoid actively managed
funds and their
high fees.
TD Ameritrade's transaction
fees are
higher than many other brokers, and it's also the only broker we're aware of that requires investors to hold no - transaction -
fee funds for 180 days to
avoid a redemption
fee.
They
avoid high -
fee mutual
funds, keep their trading costs low, and carefully manage their accounts to minimize taxes.
By choosing low -
fee index
funds, you
avoid unnecessary costs like
fund loads,
high expense ratios, etc..
I keep hearing about how it's really important to use low
fee funds (especially those from Vanguard) in your 401 (k) to
avoid high fees, especially over the years.
Mutual
funds with a purchase or sale
fee, or with a
higher management
fee do NOT perform any better, on average, and should generally be
avoided.
Surrender
fees for Fixed and Fixed Index Annuities can be very
high and should be
avoided at all costs; especially with your retirement
funds.
In addition,
avoid no - load
funds with expense ratios (management
fees)
higher than 0.75 % (3/4 of 1 %).
A tip for investors that like mutual
funds but want to
avoid high fees is to invest in index
funds, which are passively managed and mirror market indexes such as the S&P 500 or the Willshire 5000 index.
You also
avoid the mistake of using
high - priced investments that lock you in, such as
high -
fee Deferred Sales Charge (DSC) mutual
funds.
While maintaining sufficient
funds in their checking account in order to
avoid fees, they can shift the rest of their money into a
high - yield savings account or money - market
fund for
higher interest.