I ran the Philly Marathon this past Sunday! It was my first, and I definitely didn’t run it fast, but I finished. I wasn’t a fan of the rain and snow at the end though. Anyway, back to business…
Many investors that I speak with have their savings invested in a combination of mutual funds. Usually, owned through tax-advantaged accounts like 401k’s and IRAs. This is a good way to invest, although I often notice investors don’t know what fees they are paying. This is an intentional feature of the mutual fund market, unfortunately. Mutual fund providers must provide certain cost information in a prospectus, but many providers intentionally make this information inaccessible.
Continue reading “I Ran A Marathon! Also, Here’s How to Read a Prospectus”