Deleted
Joined: May 6, 2024 19:26:57 GMT -5
Posts: 0
|
Post by Deleted on Mar 18, 2011 9:05:12 GMT -5
Higher expense fee with no purchase fee, which do you think is better and why? I plan to hold the fund for 5-10 years.
|
|
|
|
Post by Savoir Faire-Demogague in NJ on Mar 18, 2011 9:16:49 GMT -5
Would you post more information? There is not much to go on.
How much cash are you planning to invest?
What funds are you looking at.
What does the rest of your investment and financial picture look like.
Etc.
|
|
Deleted
Joined: May 6, 2024 19:26:57 GMT -5
Posts: 0
|
Post by Deleted on Mar 18, 2011 9:22:14 GMT -5
Are you talking about the different classes that load-funds come in? I forget the designations because I use no-load funds these days. Anyway, one class, if held X number of years, had a decreasing expense fee if I remember correctly (and I probably don't).
Why don't you look at something like Vanguard which has ultra low expenses, period?
|
|
Deleted
Joined: May 6, 2024 19:26:57 GMT -5
Posts: 0
|
Post by Deleted on Mar 18, 2011 9:26:45 GMT -5
I am looking at Vanguard's small/mid growth fund VFSVX for international stocks it has a expense ratio of .63% and purchase and redemption fee of .75% each vs schwabs small/mid growth fund SFILX with an expense ratio of 1.07% with no fees. I was planning to put $3000 in.
|
|
|
|
Post by Savoir Faire-Demogague in NJ on Mar 18, 2011 9:30:31 GMT -5
Gin,
You also must look at the SAI charges.
|
|
Deleted
Joined: May 6, 2024 19:26:57 GMT -5
Posts: 0
|
Post by Deleted on Mar 18, 2011 9:31:24 GMT -5
Gin, You also must look at the SAI charges. What is SAI charges? |
|
|
|
Post by Savoir Faire-Demogague in NJ on Mar 18, 2011 9:38:58 GMT -5
Here is a link with a brief discussion of SAI charges. You will have to scroll down a bit to where is reads: "Statement of Additional Information": www.sec.gov/investor/pubs/inwsmf.htmI cut/pasted it for you: Statement of Additional Information ("SAI") Also known as "Part B" of the registration statement, the SAI explains a fund's operations in greater detail than the prospectus — including the fund's financial statements and details about the history of the fund, fund policies on borrowing and concentration, the identity of officers, directors, and persons who control the fund, investment advisory and other services, brokerage commissions, tax matters, and performance such as yield and average annual total return information. If you ask, the fund must send you an SAI. The back cover of the fund's prospectus should contain information on how to obtain the SAI. |
|
phil5185
Junior Associate
Joined: Dec 26, 2010 15:45:49 GMT -5
Posts: 6,409
|
Post by phil5185 on Mar 18, 2011 10:20:10 GMT -5
small/mid growth fund VFSVX for international stocks BTW, that's not really designed for short term investing, it is for 20 to 30 year investing. So you are taking quite a gamble, in 5 years it could be down 50% - or up 50%? |
|
Deleted
Joined: May 6, 2024 19:26:57 GMT -5
Posts: 0
|
Post by Deleted on Mar 18, 2011 10:23:30 GMT -5
small/mid growth fund VFSVX for international stocks BTW, that's not really designed for short term investing, it is for 20 to 30 year investing. So you are taking quite a gamble, in 5 years it could be down 50% - or up 50%? Sorry Phil, I mean to put in "at least", meaning I'll hold for at least 5-10 years. Not that I plan to hold for only 5-10 year, sorry I was not clear. |
|
