Pathboy

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    • Fri Dec 28th 17:18 PM | Rating: 0 0
      Commented on:
      Rethinking Index Investing
      What is the point? Just go to sharebuilder.com and buy Brkb, LUK, BAM, GE, PG, MO, DEO, JNJ, WFC, KO, VZ or ATT and CSCO each month for the next twenty years and forget about it. You can do this for about $20 dollars a month. Your total mangement fee will be $4,800 for the twenty year period. What will your management fee be when you get to $1,000,000 in the SPY? If it is 20 basis points, $2000 a year. Avoid the trap of ETF/Mutual Funds/Wealth Managers etc.
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