Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: JZGalt who wrote (5965)	10/25/1998 12:42:00 PM
From: Bernie Goldberg	Read Replies (2) \| Respond to of 18928

Hi, Not quite. i think the average MF has an expense ratio of about 1.35%. That's $135 off the top of $10K. I use waterhouse which is about in the middle fee wise of most discount brokers. Four or five trades at $12 per is $48-$60. That's less than 1/2 what it would cost with a MF. The other thing to consider is that with a MF or UIT every thing gets dissolved once a year and then restarted which is very good for Uncle Sam and bad for us. Buying the four or five stocks you don't have to liquidate all of them every year. Most of the time it is just two or three which is much better for the tax picture. Bernie