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wil421
7 months ago
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Vanguard's average fee is now 0.07% after biggest-...
At %0.07 you would lose about 2% of your total value after 30 years.[1] No thanks.
[1]
https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annu...
Maxatar
7 months ago
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[–]
2% over 30 years is inconsequential. At an average rate of 7%, that mean you'll grow your investment by 759% over 30 years instead of 761%.
yerebnu
7 months ago
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Your math is way off. It's not merely 2% of the initial investment, but your final overall wealth.
francisofascii
7 months ago
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That is the average. Many of them are just 0.03% or 0.04%
neogodless
7 months ago
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... of the
original
value, ignoring growth, dividends, and inflation.
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[1]https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annu...