Index funds charge 0.03% fees vs 1-1.5% for active funds. Over 30 years, that fee difference costs you $150,000+.
#investing #growthinvesting #marketanalysis #defi #moneymatters
Index funds charge 0.03% fees vs 1-1.5% for active funds. Over 30 years, that fee difference costs you $150,000+.
#investing #growthinvesting #marketanalysis #defi #moneymatters
@fintools9253 for the “simple” retail investors index funds or anyway passively managed ETFs are the way to go.
Don’t actually know why somebody is paying 1-2% year to banks or other institutions for sub-par returns