If you are investing your money for 10, 20 or more years, you should find a low cost fund. A difference of 1% over 20 years can contribute to an additional 20% (plus) to your retirement funds.
By january, 2008, the playing field will be much level. The expense ratio will be within a range, with highest risk having highest ratio. All being equal,needless to say , low expense ratio funds are good. But not every fund is created equal and not every adviser has the same management and advising skill. Buy an index fund or ETF, these products have low expense ratio. But again, look for a qualified adviser, an adivser who is skilled in portfolio managemnet.
By january, 2008, the playing field will be much level. The expense ratio will be within a range, with highest
ReplyDeleterisk having highest ratio.
All being equal,needless to say , low expense ratio funds are good. But not every fund is created equal and not every adviser has the same management and advising skill.
Buy an index fund or ETF, these products have low expense ratio.
But again, look for a qualified adviser, an adivser who is skilled in portfolio managemnet.