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> HN won't want to hear this but here it goes: (get your pitchforks ready) It seems like welcome news to passive index fund investors. Fidelity is offering ze
by justin66 7y ago
> HN won't want to hear this but here it goes: (get your pitchforks ready)
It seems like welcome news to passive index fund investors.
Fidelity is offering zero expense ratio index funds, as well as some really low cost funds. The money to run those funds is coming from Fidelity customers who are focused on throwing their money away on other products.
> Forty-seven percent of institutional investors think digital assets are worth investing in
They think they're worth selling.