How can I keep the expenses of investing as low as possible?

    Published: 06-16-2009
    Views: 16,918
    Financial Advisor David John Marotta shares advice on how to keep the expenses of investing as low as possible.

    David John Marotta

    David John Marotta is the President of Marotta Wealth Management, a fee-only financial planning and asset management firm in Charlottesville, Virginia. He is an oft-quoted writer and speaker on financial matters and his weekly financial column can be found at www.eMarotta.com

    Host: How much can this technique boost a portfolio s returns?

    David Marotto: Because the difference between expense ratios of the lowest cost exchange traded funds and the mutual funds can be almost of 4%. It can boost you re return by a percent a year. Now, a percent a year is huge, that amount will allow you to double your stocks every seven years instead of every eight or nine years to double your stock in investment portfolio.

    So, a percent is worth a lot.