For more thoughts on this same issue, see
How High Mutual Fund Fees Can Cost You Millions (Another Reason You Should Love Index Funds).
Since I'm a big believer in keeping costs low (for my thoughts on the issue, see
How High Mutual Fund Fees Can Cost You Millions (Another Reason You Should Love Index Funds)-RRB-, this chapter was a natural fit.
You have read articles about
how high mutual fund fees are, and you wonder why people buy them.
Not exact matches
It's crazy just
how much
high fees from brokerages &
mutual funds can eat into a portfolio.
The thoughtful, detailed analysis and judgment of the proposed move by the federal government to create a national securities regulator shows
how little improvement there really is likely to be for the individual investor in solving key problems:
high fees for
mutual funds, costly access to government of Canada securities, lack of fiduciary responsibility by the industry towards investors, inadequate civil court recourse against misbehaving financial firms, priority given to financial system protection over investor interests.
«Building ETF Portfolios» Mitch Tuchman of MarketRiders.com, discusses with Christine Romans
how to build ETF portfolios to get diversification in an IRA and replace
mutual funds and their
high fees.
The awareness of Canada's
high mutual fund fees and
how those can impact performance is spreading, as is interest in investing in index
funds and ETFs.
The story of
how 90 % of
mutual funds fail to beat their benchmarks (and yet charge
high fees) has been repeated so many times, it's like Gordon Ramsay saying the word «stunning» on Masterchef.