Only stock market risk remains.”īy simply buying the market, you can eliminate the risk of picking the right stocks, picking the right market sectors, or picking the next Warren Buffett. “Index funds eliminate the risks of individual stocks, market sectors, and manager selection.
Vanguard charges a bit more on some of their funds but it's usually below 0.20% (20 basis points). 038% (3.8 basis points) or 38 cents for every $1000 invested. It's low cost: The TSP's 2016 expense ratio was. It's a simple and automatically diversified strategy: own everything. This fits right into my investment mantra of simple, low cost, automatic, and diversified. “The winning strategy is to own all of the nation's publicly held businesses at very low cost.” Here are some of the best quotes from the book:
0 kommentar(er)
