No. of Recommendations: 21
Rayvt analyzes,

8 basis points is nothing.

Skip a trip to McDonalds or Starbucks for a couple of months and invest that money instead, and the grandkids will have enough extra money to buy a yacht. And a full-size luxury automobile.

8 basis points will be swamped by a one week difference of buy date, on an up day vs. a down day.


As usual, you're missing the arithmetic. It's not an 8 basis point one time charge. It's 8 basis points year after year compounded over 30 to 50 years. That's why it adds up to the price of an automobile.

And you don't have to skip a trip to McDonalds or Starbucks if that's your pleasure. You just need to pay attention to fees & costs when evaluating alternatives and choose the lowest one.

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