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> There is absolutely no investment transaction where it's not obvious that larger players have it better. Even when entering in a shared fund, more money means
by ac29 5y ago
> There is absolutely no investment transaction where it's not obvious that larger players have it better. Even when entering in a shared fund, more money means lower fees.
Fees are so low on index funds that I'm not sure this is really true any more. VTI, the largest broad US stock market ETF, has fees of 3 bp (0.03%). Fidelity even offers some zero fee funds like FZROX (presumably actual expenses are subsidized by other products, though).
- marcosdumay 5y agoYes, ironically one of the forms of investment that maybe isn't biased (or isn't as much biased) is the same one you should favor because of the bias. There are probably a few others exceptions. For sure they are hard to find, but it's very likely that they exist.