3 ms·
The main advantage of index funds is that they're low-cost. Just like compounding over many years will give you a large pile of money, high fees are like a "ne
by throw0101c 3y ago
The main advantage of index funds is that they're low-cost.
Just like compounding over many years will give you a large pile of money, high fees are like a "negative compounding drag" on your returns. Change the box labeled "Annual fees" on this page to see what a difference it makes over 20+ years:
* https://larrybates.ca/t-rex-score/ https://larrybates.ca/t-rex-score/