ZiP All American 18939 Posts user info edit post |
First: I did a quick search to find that the former mutual fund threads may be too old to ressurect, but feel free to enlighten me if I missed one.
Second: So I have been hearing about low cost mutual funds - about how they actually yield better results in the long run. I have been unable to find a concrete definition of what makes a particular fund "low cost."
Would this be referring to annual fees? Are people implying that if you are paying more than X dollars a year in fees, that it's a bad situation?
I have money in 2 mutual funds in a Roth IRA account, and was trying to figure out if my investments are low-cost or high-cost.
Thanks!
-ZiP!- 11/29/2005 12:14:09 AM |
drhavoc All American 3759 Posts user info edit post |
http://www.vanguard.com typically has the lowest fees year in and year out for their index funds.
maybe you can compare your funds costs to them. Also, http://www.morningstar.com will do an analysis of your holdings and tell you what the cost of holding it will be for 1, 5 and 10 years. 11/29/2005 5:57:37 AM |