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#331 - Own The Best ETF Portfolio For Just 0.05%
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:04:53
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we are going to be telling you guys’ how you can own the best ETF portfolio for just 0.05% and that's an annualized expense fee. This is a really interesting development that we've started to see in the ETF space over the last say three to five years and that is this massive compression in the fees that these ETFs charge or these fees that a lot of equity funds end up charging. And what’s really cool about this is that this not only is a product of just the capitalist markets and companies competing against each other, but it also helps out the individual investor like me and you because if we can have a choice to invest in a broad basket of ETFs, say a global basket on most of the ETFs and we can do it for basically $.5 on the dollar, then that is extremely attractive for… or like $.5 on the dollar really, then we can do that. That's extremely attractive for investors long-term. Remember, most of what really ea