Tuesday, September 25, 2007

Expenses

I hadn't really thought about it this way, but this Motley Fool article got me to thinking about annual mutual fund expenses.

If somebody has $100,000 of investments sitting out there in a mutual fund with a 1% expense load, then they're paying $1000 per year in expenses to the fund. At current discount broker rates thats easily over 50 round-trip trades per year...

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