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KM Financial Solutions | COLUMN-Investors make costly mistake if they ignore fees
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COLUMN-Investors make costly mistake if they ignore fees

12 Jun COLUMN-Investors make costly mistake if they ignore fees

Posted at 13:00h in News by
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(The opinions are those of the author, a columnist for
Reuters.)
By Gail MarksJarvis
CHICAGO, June 13 (Reuters) – Individual investors could be
throwing away as much as $7 billion a year on expensive index
funds that are no better than cheaper funds – without even
realizing it.
This estimate from Morningstar researchers comes from a new
study of over 3,600 individuals who were asked to allocate
$10,000 in a hypothetical account. They had three seemingly
identical S&P 500 index fund

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