With this investment book about ETF and mutual funds fees and expenses, you can lower your portfolio investing costs, reduce your portfolio risk exposure, and understand how to invest in stocks and bonds funds directly
This article is about a low cost investing book which is among the most helpful books on personal investing that you can find. Titled Low Cost Mutual Funds and ETFs, this investing book addresses what is the largest challenge that most personal investors face: investment costs that are far too high.
In addition, the low cost investing book provides an easy to understand and clear discussion concerning what really works in individual investment methods. It provides straight forward and extensive information on how to invest money.
With this book it is easy to locate the lowest cost index mutual funds and ETFs. It lists 212 low cost mutual funds in 30 different categories, plus it provides tables with 208 low cost index ETFs in 27 different asset categories. All these top no load mutual funds tables were screened with methods backed by investment research which are explained in this useful investing book. The book’s ETF and mutual fund list tables provide a full spectrum of lowest cost index mutual fund and ETF alternatives for any investor.
This book on better investing contains over 250 pages and was written and researched by Larry Russell, who is an experienced financial planner and advisor from Pasadena, California who has degrees from MIT, Brandeis, and Stanford.
The problem with investments: Most investors pay far too much in ETF and mutual funds expenses and receive way too little in return for these costs
Charging individual investors high fees for its allegedly better insight, the great majority of the investment industry simply just lives off of the returns and assets of individual investors without adding net value. In brief, you are simply a financial services industry center of profit and revenue.
By overwhelming the market with complex securities products and services which are excessively costly, the investment industry makes the investment process unnecessarily and overly complex. Next, the financial services industry gives self-interested and biased “free advice” on where to invest,, which is the most costly “free advice” investors will receive in their lives. Without looking for less expensive investment products and services, investors are much more likely to be encouraged to buy these outrageously costly investment products and services.
Unjustifiably costly securities products and services are the real enemy that you face as you are investing money. The more of your assets you allow the financial services industry take, the less you will have in retirement. Save your money. You do not have to participate in this unfair game, when you know how to invest in stocks and bonds funds directly.
With the help of this Low Cost Mutual Funds and ETFs investment book you can quickly control your portfolio investing fees, reduce your portfolio risk, and increase your retained investment returns. Cutting your ETF and mutual funds fees and expenses down to the bone is the most powerful investing strategy you have.
For decades, inexpensive noload index mutual funds and now more recently inexpensive exchange-traded funds have produced superior returns after accounting for risk. After costs and taxes have been accounted for, individual investors just keep more of their portfolio returns. As a bonus, individual investors who purchase inexpensive index funds lower investment risk, spend less effort, avoid pressure sales tactics, endure far less hassle, and save time.
You can invest by yourself directly, and with direct investing you can do it better. All you need is correct information to find the top no load mutual funds and ETFs. For some straight information about better investing and what really works with individual investing, get this mutual funds expenses book.
Information about the no load index funds and ETFs in this investments book
This mutual funds list book includes 212 low cost no load index mutual funds and 208 low cost ETFs in 30 and 27 separate asset classes, respectively. Included noload index mutual funds and exchange-traded funds are characterized by having the lowest management fees, no marketing charges, and no sales loads. Also, listed index funds have significantly lower portfolio turnover which is associated with reduced trading expenses.
The listings of the top no load mutual funds and ETFs include:
- US international, and global multi-cap, large-cap, mid-cap, and small-cap stock investment funds with low costs including value and growth stock funds
- US, global, and international long-term, intermediate-term, and short-term treasury, government, corporate, municipal, and inflation protected bond investment funds with low costs
- Money funds and real estate funds with low costs
Using this ETF and mutual funds list book, you can choose the lowest cost portfolio which is fully diversified by geography and investment asset class.
Savings with this useful low cost mutual funds and ETFs investor book
Depending upon how big your portfolio is, this modestly priced mutual funds expenses book would save you hundreds even thousands of dollars year after year by helping you know where to do direct investing. If you can reduce your total investment expenses and fees by one percent of your assets annually and you own an investment portfolio of $10,000, your investment savings will be $100 each year. If you have $50,000, you will save $500 per year. With $100,000, you will save $1,000 each year. Since total annual investing fees and costs paid by the average individual investor add up to between 2% and 2 & 1/2% a year, most investors could in reality save two percent annually. Therefore, these annual investment savings on overall expenses and fees savings would even be double each year — year in and year out.
Some people might say: “Sure that is what I might save, but if I pay mutual funds fees and expenses when I am investing money, I will get higher portfolio returns.” Sorry, however financial research clearly will not justify paying more in fees. Here are some typical financial research quotes from this book:
- “Simply put, if you pay higher bond mutual fund fees, then these higher bond management expenses tend just to be a deadweight loss to you.”
- “This leads us to estimate the annual under performance of the broker-sold funds at $4.6 billion dollars.”
- “The inferiority of active investment strategies … across the various countries, when the time horizon increases active strategies are increasingly inferior.”
If you really think that you can get superior portfolio return, when you pay higher expenses rather than lesser costs, well then you really should get and read this valuable how to invest in stocks and bonds funds investing book!
Who is the author?
This direct investing book, by Lawrence Russell was written with his objective and in-depth knowledge of what really works in personal finance and investing strategies. He is a knowledgeable and experienced fee based financial planner in the Pasadena and LA, California area. Larry’s stated goal is “to improve people’s knowledge and improve their ability to manage their own personal financial and investing situations.”
Larry is the publisher of many personal finance articles on the web and the designer and developer of sophisticated home lifetime financial planning software. Across many years, Larry has broad knowledge in finance, economics, investments, taxation, accounting, probability, statistics, software development, and web technologies. For 25 years, Larry contributed as a manager and executive within the computer industry at companies such as Sun Microsystems and HP.
Retiring from the software industry in 2001, he started an in-depth and systematic reading of the academic literature that affected finance and investments for his personal interest. To make this financial research information better available for individual investors, during 2003, he began to write and publish investments and finance academic research summaries on his now oldest retirement investing education web site, The Skilled Investor. From 2003, he has authored and published in excess of 1,000 investing money and other personal finance articles across a half-dozen of his personal finance and investing sites. A portion of this personal finance ebook has been drawn from these web postings, and hyperlinks supplied in this ebook will enable you to find Larry’s investing and personal finance web sites.
Also in 2003, Larry started to design and develop sophisticated and individually customized home lifetime financial plan software. This investments and personal finance software tool, VeriPlan, was designed at the beginning to serve as a personal decision application for advisory customers. In 2006, Larry started to develop an individual user version of VeriPlan that home users could utilize by themselves. This VeriPlan application is now the most automated and highly customizable home life cycle personal financial planning software that is available on the public market for much less than competing investing and personal finance software products.
(Investing book cover photo from Alan Cleaver found on Flickr.com)Tags: mutual funds fees and expenses