No. of Recommendations: 20
Are they nuts? I need a very good reason to buy any mutual fund with an expense ratio above 0.15% (i.e. 15 basis points)

What is the No. 1 warning sign for investors in a fund’s marketing material?

CHARLES ROTBLUT: High fees. Expense ratios above 1.5% are worrisome; expense ratios above 2% are signs to walk away.


Between IUL, single premium immediate annuities (SPIA), and now high-fee mutual funds, it's not surprising that few people amass enough money to retire comfortably -- their advisors have taken most of it.

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