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JLCollinsNH – The Importance of F-You Money

Financial Independence Podcast

CHAPTER

Index Investing - I Hate Fees

I got into index investing just because of my, I hate fees. So I didn't want to pay any fees for putting more money in. Jack Bogel, who created the idea of an index fund and launched Vanguard, built it around the idea of keeping fees to the absolute minimum. Even if you look at a fee of 1% a year, which seems insignificant, compounded over time, it's a drag on your wealth building efforts.

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