Author Topic: Fee question  (Read 384 times)

frostwarrior

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Fee question
« on: August 20, 2019, 07:41:15 AM »
 I know this has probably been asked but I can't find it.

I have a lot of money through 401ks and other tax mechanisms. Those limit my options to pick low cost funds. Does anyone have a rule of thumb they use like

0.2% - Great
0.4% - I'll deal with it
0.8% - Oh Hell No
1.0%+ - Are you F kidding me?

Also on other fees they charge other rules of thumb?

Are there any tools you know to load all your investment fees against and look at all expenses at once - its a pain to manually do it.


Car Jack

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Re: Fee question
« Reply #1 on: August 20, 2019, 07:50:21 AM »
Your descriptions are pretty good, but I believe you want to consider more than just fees.  Sure...when the plan is crap, pick the absolute lowest ER fund, regardless of what it is.  Think of it as simply a place to store tax advantaged money that will someday go into a good fund.

At my last job, I had crap for 401k options and zero match.  I put all my money into the lowest ER fund knowing that I would not be there forever.  I did max it out every year.  I lasted 4 years before finding a better job.  The old, garbage 401k money went over to my Fidelity account and I'm lucky that my new job uses Fidelity and even gives me a small match.