Your Mutual Fund May Be Ripping You Off
Bargaineering is a fantastic private finance blog and has done a series of videos about private investing that I find very enlightening. In this particular post Jim talks about mutual fund fees and how your mutual fund may be in fact ripping you off.
As I have said before, it is extremely vital that all investors keep track of the fees we pay. Mutual funds can be a huge source of those excess fees. Go now and check the websites for each and every fund you own and check the MER. If it is high then plot your next steps aptly away.
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