[I Like Index Funds Is That They Tend To Have Low Expenses. One Of My Favorites, Vanguard 500 Index, Charges Just 0.18 Percent A Year. Can't Get Too Heated Up About The Difference Between 1.5 Percent And 0.18 Percent? Well, Let Me Put It In Terms That Matter To You: If You Invest $3,000 A Year For Thirty Years And You Earn An 8 Percent Average Rate Of Return (before Expenses Are Deducted), The Fund With The 1.5 Percent Expense Ratio Would Give You A Net Return (after Expenses Are Deducted) Of $276,000. The Fund With The 0.18 Percent Expense Ratio Would Be Worth More Than $354,000. I Can Get Worked Up About $78,000—how About You?]

Author: Suze Orman Quotes

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