ETFs vs. Mutual Funds: The Long and Short (Term) Of It [View article]
Is it just me, or is the case for long term holding of mutual funds not made here? Even if all fees are waved besides expenses, many mutual funds have higher running costs than ETFs.
The only plus I can see with mutual funds is for dollar-cost averaging in small accounts, where many tiny purchases could cause brokerage commissions to add up, but if the article includes that benefit I missed it.
And this quote, "The active management of mutual funds serves to usually provide superior returns that outperform the market averages." is not something we will all agree on.
Perhaps the word "usually" can be replaced with "theoretically."
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Is it just me, or is the case for long term holding of mutual funds not made here? Even if all fees are waved besides expenses, many mutual funds have higher running costs than ETFs.
Apr 19 09:55 am
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All Comments by Panskeptic »ETFs vs. Mutual Funds: The Long and Short (Term) Of It [View article]
The only plus I can see with mutual funds is for dollar-cost averaging in small accounts, where many tiny purchases could cause brokerage commissions to add up, but if the article includes that benefit I missed it.
And this quote, "The active management of mutual funds serves to usually provide superior returns that outperform the market averages." is not something we will all agree on.
Perhaps the word "usually" can be replaced with "theoretically."