/biz/ - Business & Finance

INDEX FUNDS Anonymous Tue Dec 1 14:13:27 2015 No.980509 [View]
File: 26 KB, 638x378, stagnant-pond.jpg [View same] [iqdb] [saucenao] [google]

>http://finance.yahoo.com/news/vanguard-gain-wall-street-pain-145617972.html

>Vanguard’s assets now stand at $3.1 trillion, which effectively means that this year alone it will have removed more than $16 billion from the financial industry just through fees. That figure is based on the average asset-weighted fee of a Vanguard fund of 0.13 percent, compared with the 0.66 percent average asset-weighted fee of an active mutual fund.

$3.1 trillion * 0.13% = $4 Billion. Vanguard made approximately $4 BILLION from fees on their index funds this year.

Hey /biz/ why are you letting your money sit stagnant in index funds instead of starting your own business?

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

Navigation
View posts	[+24]	[+48]	[+96]

/biz/ - Business & Finance

Search: