A fund fee never shows up on a bill — but it still costs you. The expense ratio comes out of the fund's assets before any return reaches you, so no invoice arrives. At $50 a year per $10,000 invested, it quietly lowers the fund's value.
money
A fund fee never shows up on a bill — but it still costs you. The expense ratio comes out of the fund's assets before any return reaches you, so no invoice arrives. At $50 a year per $10,000 invested, it quietly lowers the fund's value.
The rest of this one is in Curio Pro.
Read the rest in CurioMystery, Smart Money and Startup Lessons are part of Curio Pro.