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FYI: As the second quarter comes to an end, my top 10 list of dumb investment ideas is filling up. All of these would be fairly foolish in any year. (Feel free to explain to me why these are not dumb, or to suggest investing ideas that are even more reckless or just plain silly.) Regards, Ted http://www.ritholtz.com/blog/2014/07/dumbest-investing-ideas-of-2014/print/
I agree with most of his dumb investment ideas. But I do think it sometimes pays to own mutual funds directly with the fund company. I have mutual fund accounts with Fidelity, Janus and Vanguard. At Janus, they have special D class funds with a lower expense ratio that is only available if you keep the funds at Janus.
For example, JAGIX is available at the fund supermarkets (expense ratio 0.88%), but at Janus, I own JNGIX (expense ratio 0.80%)
Comments
Regards,
Ted
For example, JAGIX is available at the fund supermarkets (expense ratio 0.88%), but at Janus, I own JNGIX (expense ratio 0.80%)