Your first index fund, explained
What an S&P 500 fund is, why fees matter, and the one number to check.
Discussion · 880
@budget_bea6h · ♥ 300
What counts as a good expense ratio? you said fees matter but never said the number.
What counts as a good expense ratio? you said fees matter but never said the number.
@elenafinance✓6h
Under about 0.20% is common for broad index funds, some are under 0.05%.
Under about 0.20% is common for broad index funds, some are under 0.05%.
@crypto_carl5h · ♥ 20
index funds are boring, real money is made elsewhere
index funds are boring, real money is made elsewhere
@elenafinance✓5h
Boring compounding has beaten most exciting strategies over 30 years. Boring is fine.
Boring compounding has beaten most exciting strategies over 30 years. Boring is fine.
@first_paycheck3h · ♥ 140
opened my first account after this. terrifying and exciting.
opened my first account after this. terrifying and exciting.
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