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Whats the total average expense ratio for all of your investments? Include any planners or advisors regular fees.
Are you the one who's always kvetching about how we determine net worth?!?LOL! said:Alright, let's discuss how one determines a legitimate expense ratio.
Nords said:Are you the one who's always kvetching about how we determine net worth?!?
retire@40 said:I doubt most people will be able to give a reliable number for their ER.
For example, this may be a tough number to calculate if people have a significant amount in their 401(k). Do the 401(k) administrators provide an expense ratio to the particiapants anyway?
Also, to get a more accurate number it should be a weighted average.
I have never figured my weighted average ER, but now that you brought it up, I think it's a good idea so I'll add a column to my portfolio spreadsheet. I remember when I first started that spreadsheet with only 2 or 3 accounts in it and only a column for the institution, one for the account number, and one for the balance. Boy has it evolved over the past 20 years!!!
It's comments like this that inspire other posters to call you a noodge.retire@40 said:I doubt most people will be able to give a reliable number for their ER.
For example, this may be a tough number to calculate if people have a significant amount in their 401(k). Do the 401(k) administrators provide an expense ratio to the particiapants anyway?
Also, to get a more accurate number it should be a weighted average.
Nords said:It's comments like this that inspire other posters to call you a noodge.