How and Why to Keep Investing Costs Low

This is the twenty-first day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday we interviewed Stig Nybo about how to become a super saver. In today’s podcast, we look at mutual fund costs, why the matter, and how to keep them as low as possible.

Sponsors: The 31-Day Money Podcast is sponsored by Betterment and Personal Capital. Betterment and Personal Capital are two tools I use to make investing easier, less expensive, and more effective.

Topics Covered

  • How to determine the cost of a mutual fund.
  • How even a small difference in costs from one fund to another can make a big difference in returns
  • What a fund’s expense ratio is and how to determine the actual cost of the fund.
  • What a good goal is for overall expenses for your entire investment portfolio.
  • Why investments in some asset classes cost more than others.

Resources

Day 22: My Investment Portfolio

One Response to “How and Why to Keep Investing Costs Low”

  1. Md. Taslimuzzaman Fakir

    “Hi Rob. I’m at Day 21 in your 31 day money challenge podcast. Thank you, thank you, thank you! I’ve been looking for a comprehensive guide to how i achieved money without fail.

    Taslimuzzaman

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