BestNoLoadFunds.com

A Case for Choosing Low-Cost Mutual Funds

Archie Richards of the Associated Press examines four levels of costs in investing in mutual funds and uses an example to show that "With the lower-cost (and lower-trading) fund, the investor ends up with more than twice as much!" Richards concludes that "You can't control the market. Control what you can. Concentrate your money in mutual funds or exchange-traded funds whose costs are no more than 0.3 percent a year and whose rate of turnover is no greater than 15 percent a year. Low costs pay off far more than most people realize." Details and examples can be found in the AP article published at MetroWestDailyNews.com.