haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
.04 %
What's your weighted expense ratio?
- Thread starter photoguy
- Start date
I had to calculate it-- the ER portfolio is at 0.19%. All our cash is in credit-union money markets and CDs now, no mutual-fund money markets.
The college fund is effectively at zero-- mostly CDs and, for just a few more months, a couple EE bonds.
The cost of getting a mutual fund company to custody my daughter's Roth IRA in index funds when she was a minor was nearly 0.80%. When she turned 18 and transferred over to Fidelity last fall that dropped to less than 0.20%. Most fund companies don't want minors' IRAs because of their low balances, and they apparently don't believe in "start 'em young".
The college fund is effectively at zero-- mostly CDs and, for just a few more months, a couple EE bonds.
The cost of getting a mutual fund company to custody my daughter's Roth IRA in index funds when she was a minor was nearly 0.80%. When she turned 18 and transferred over to Fidelity last fall that dropped to less than 0.20%. Most fund companies don't want minors' IRAs because of their low balances, and they apparently don't believe in "start 'em young".
Dances With Fire
Dryer sheet wannabe
Dw & dh = .25%
HFWR
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
0.234%
figner
Recycles dryer sheets
.14%
Free To Canoe
Thinks s/he gets paid by the post
.59% from my spreadsheet. Looking to bring it down more.
NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
I do not know. It takes too much work to figure out, as I have MFs, some with high ERs that I have had for a long time and been reluctant to sell as it would incur taxes, some ETFs with ERs ranging from 0.2% to 0.5%, and many individual stocks. The stock portion is of course of lowest ER.
Looks like a man with nearly all individual stocks.
The best case for me is when I want to build a position in an individual stock and buy a lot of, say, $10000 in a brokerage account with $4 transaction fee. A round trip then costs me $8. Ideally, I would hold it forever, but if my average holding period is 2 years, then it works out to 0.04%.
Looks like a man with nearly all individual stocks.
The best case for me is when I want to build a position in an individual stock and buy a lot of, say, $10000 in a brokerage account with $4 transaction fee. A round trip then costs me $8. Ideally, I would hold it forever, but if my average holding period is 2 years, then it works out to 0.04%.
CyclingInvestor
Thinks s/he gets paid by the post
0.05% the last few years (all individual stocks)
