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Widespread access to low-fee index-fonds is pretty new and alternatives were not as bad as they are now. You could at least get inflation back by just letting y
by legulere 6y ago
Widespread access to low-fee index-fonds is pretty new and alternatives were not as bad as they are now. You could at least get inflation back by just letting your money stay at the bank, which is not possible now anymore.
- dehrmann 6y agoThe biggest change has been free trades and lower account minimums. For a long time, as long as you could hit the minimum (usually $2500-$5000), Vanguard was an amazing choice. The minimum wasn't great, but really, investing less isn't all that interesting, at least not as a missed opportunity for building wealth. Low-fee ETFs have also been around for a while, but the $10 per trade you'd pay in 2005 meant you didn't really want to buy less than $1,000 of anything.