Quote:
Originally Posted by Kaveh
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Do you know what an expense ratio is?
Just buy and sell Bitcoin if you like gambling
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Funny thing is the examples I have also have small expense ratios and if it’s an extra half a percentage point hundreds of percentage points in gains is well worth it. You truly are a dolt when it comes to investing.
FSCSX expense ratio is 0.70%
BPTRX Expense ratio is 2.2% but has returned 500% gains in 5 years.
I’m not suggesting to blindly invest in single stocks - I am advocating to do your research and put all of your money to work in companies that are market disrupting, well run, value deals with huge upside and you will do much much better than spreading your money out.
Index funds invest in and track the entire broad market they have the bad apples with the good, mutual funds have professional analysts and traders who actively try to beat the market. There are a few select money managers whose funds have consistently beat the market by several percentage points for decade(s). These are much better than index funds especially so in this day and age. If I were you I would do some research into ones that out perform the market and then choose the one whose expense ratio and holdings you like. Compound interest is an extremely powerful thing and if you are missing out on even 2% per year it adds up. I am happy to help you.