People often turn to index funds or exchange-traded funds to simplify investing while getting exposure to diverse assets.
According to an expense ratio calculator, the same setup would cost $8,278 with an expense ratio of 0.04%.
It was money he would decide to scatter across nine index funds to diversify his portfolio.
In 2019, he started the Personal Finance Club, which offers free and paid content about index fund investing.
She sticks to one fund: the Vanguard 500 Index Fund ETF (VOO), which tracks the S&P 500 and is rebalanced quarterly to include the top 500 domestic companies.
Persons:
Michael Quan, Quan, Jeremy Schneider, Treasuries, Schneider, Vivian Tu, she's, Rich, Tu
Organizations:
Investment Company Institute, Vanguard FTSE, Market, Fund, Finance Club, Fidelity, Street, JPMorgan
Locations:
Canada, Europe, Japan, New York City