Ep. 1987: The Fee Machine — Кассета

Higher fees do not buy higher returns. Don and Tom unpack the fee-to-risk/reward ratio, show how fund costs compound against investors, and compare low-cost index funds with expensive active funds, hedge funds, and private equity. Then they answer listener questions about converting Vanguard mutual funds to ETFs without triggering taxes, leaving a home to a stepson while preserving the step-up in basis, and spotting financial articles that are really advertisements in disguise. 3:22 The fee-to-risk/reward ratio 9:15 Hedge funds and private equity 13:19 How much is too much to pay 16:05 Converting Vanguard mutual funds to ETFs 17:38 Leaving a home to a stepson 19:53 When financial advice is an advertisement Questions? Comments? Click!