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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 CapitalBetterment and Personal Capital are two tools I use to make investing easier, less expensive, and more effective.

Table of Contents:

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.


Day 22: My Investment Portfolio

Author Bio

Total Articles: 1118
Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.

Article comments

1 comment
Md. Taslimuzzaman Fakir says:

“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.