thessnake03@lemmy.worldtoPersonal Finance@lemmy.ml•How to choose mutual funds to invest inEnglish
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3 months agoA total market fund, or S&p 500 fund would be a good start. Pick something with a low percentage fee
A total market fund, or S&p 500 fund would be a good start. Pick something with a low percentage fee
It’s the fee the fund manager charges. Looking at mine, they call them expense ratios. Big broad stuff like S&p and total market is typically low fee <1%. But something that tracks a specific market sector, or a really active fund could charge >5%