Fidelity launched its ZERO index funds in 2018 to much fanfare. As their names suggest, these funds carry no expense ratios, a first in the industry. As great as a “free” mutual fund may sound, however, many wonder whether there is a catch. Recently a subscribe to my YouTube channel asked the following questions: Could…
It costs money to invest. We pay all types of fees, some obvious, some not so obvious. In this article I’m going to walk through the most common investing fees you are likely to encounter. Then we’ll examine just how destructive a seemingly small amount of fees can be to your wealth and retirement. Do…
Keeping tabs on your investments can be a headache. That’s particularly true, if like me, you have a number of different accounts. While my favorite investment tracking app is Empower (previously called Personal Capital), another tool I use is a free investment tracking spreadsheet. I’m going to walk through the spreadsheet in this article and…
A three fund portfolio is a simple approach to investing that, as the name suggests, involves just three mutual funds or exchange-traded funds. In just three funds, an investor can build a diversified, low cost portfolio that’s easy to manage. Popularized by the Bogleheads, the three fund portfolio is one of several “Lazy Portfolios.” But…
You’ve just come into some money. Whether it’s a bonus, a tax refund, inheritance, or from the sale of a business, a big question is how do you invest the money. Is it better to invest it all at once, or should you spread the investments out over time? In this article we’ll compare lump…
Investment fees can wreck havoc on your wealth. Think bull in a china shop destruction. What’s worse is that it can happen without you even knowing. The fees seem small and insignificant while they drain your portfolio of its earning potential. In this article, we’ll look at just how costly investment fees can be and…