R
2

Had a broker tell me 0.25% doesn't matter on mutual funds

My uncle's broker at a big firm told him not to worry about the expense ratio difference when moving money between funds. After 12 years on that fund, my uncle paid $4,200 more in fees than if he'd picked the cheaper option at a discount broker. Has anyone else had a broker brush off fee differences that added up big over time?
0 comments

Log in to join the discussion

Log In
0 Comments

No comments yet

Be the first to share your thoughts on this discussion.