Talk of The Villages Florida - View Single Post - Why pay a broker when they have no skin in the game?
Thread: Why pay a broker when they have no skin in the game?
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Old 09-10-2024, 10:06 AM
retiredguy123 retiredguy123 is online now
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Originally Posted by Rainger99 View Post
Aren’t mutual funds professionally managed?
Some are, but I only buy index funds. The manager doesn't pick stocks and bonds, he/she only buys the products that make up the index. Hence, index funds have extremely low expense ratios.