tag:blogger.com,1999:blog-7994331885039650384.post259567271816010826..comments2023-04-17T07:26:17.527-04:00Comments on A Loonie Saved: Avoiding index fund feesPatrickhttp://www.blogger.com/profile/16816252455472704262noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7994331885039650384.post-77215059322430445922008-09-05T17:07:00.000-04:002008-09-05T17:07:00.000-04:00Hi Michael. What I had in mind was that 3% gets l...Hi Michael. What I had in mind was that 3% gets lost in the noise. The market can fluctuate more than 3% in a week, so you could easily lose the same amount by choosing the wrong times to sell stocks and buy lower-risk investments (which you have to do some time). Or, you could make it back by working maybe 4 more months before retiring.<BR/><BR/>I guess I was responding to a criticism I saw of an iShares small-cap fund with a 0.20% MER. Even if that were cut in half, you'd expect only a 3% overall difference over a 30-year timeline.Patrickhttps://www.blogger.com/profile/16816252455472704262noreply@blogger.comtag:blogger.com,1999:blog-7994331885039650384.post-17525899982968190352008-09-05T15:13:00.000-04:002008-09-05T15:13:00.000-04:00Thanks for the link. I agree that 3% over 30 year...Thanks for the link. I agree that 3% over 30 years is tolerable, but I wouldn't go so far as to say that you wouldn't notice. Overall, though, I agree with your thinking. Some mutual funds charge 3% per year, and it's important to educate people to keep them away from these funds. But, once you get into the lowest cost index funds, it's doubtful that you could reduce costs even further.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.com