The Worst Investment Advice I Know
Sound Investing
00:00
The Rise of Actively Managed Funds
Fidelity may have no operating expense, in which case you're in theory making the whole amount. But if you go to a vanguard or a black rock or those kinds of firms and you get an ETF that replicates the S&P 500, the expense ratio is three 100s of 1%. So it's pretty gone close to being free. One of the reasons I'm excited for young people is that compared to when I was young, they're giving money away.
Transcript
Play full episode
