When it comes to investing for your future, there are a lot of publicly traded stocks and investment vehicles to choose from. Although there is no specified formula or handbook that investors are expected to follow, there is one general rule: Invest for the long-term.
You often hear that expense ratio of a fund is 2.5% or 2%, but in all that fine print, it tends to get lost somewhere and we, as investors, tend to underestimate the impact of this ratio on your mutual fund portfolio. Let’s discuss this topic today in detail, which could actually be a very important factor in selecting a fund.
Every New Year brings with it a new start, a reason to begin again, a time when we promise ourselves to do something different. That’s why we make resolutions. We are sure that you care about your money. After all you spend a significant portion of your life, and a considerable amount of your efforts and resources to earn it. So it makes sense to make some resolutions on your financial life as well!
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