💨 Abstract

The article discusses the importance of selecting the right mutual funds for long-term investing, emphasizing how fund fees significantly impact returns. It compares Fidelity 500 Index Fund (FXAIX) with an expense ratio of 0.015% to Guggenheim S&P 500 A Class (RYSOX) with a 1.62% expense ratio, noting that over 14 years, FXAIX outperformed due to lower fees.

Courtesy: wtop.com

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