News for hackers. Stuff that matters.

A comment on Scott Adams startup idea: find unique diversified stock baskets. Parent comment

Re:Scott Adams startup idea: find unique diversified stock b... by stakaka on Wednesday November 05, 2008 @04:56PM (#355032)
Don't all ETFs include some kind of management fees? I usually see fees of at least, say, 0.20%. His idea would eliminate that.
[ Parent | on HN ]
Re:Scott Adams startup idea: find unique diversified stock b... by p0ltergeist on Wednesday November 05, 2008 @05:07PM (#355047)
the etf management fee is much less than you would pay on trading charges to individually transact even a small number of positions aggregated in any etf

the only other route is vanguard which tends to have low fees for index funds

[ Parent | on HN ]