Comments on: Difference between an expensive toothbrush and mutual fund http://www.onemint.com/2009/07/24/difference-between-an-expensive-toothbrush-and-mutual-fund/ Helps You Make Better Financial Decisions Sat, 11 Feb 2012 17:32:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jason http://www.onemint.com/2009/07/24/difference-between-an-expensive-toothbrush-and-mutual-fund/comment-page-1/#comment-25104 jason Sat, 25 Jul 2009 00:13:52 +0000 http://www.onemint.com/?p=2286#comment-25104 Mutual funds are out there to make money. Just like every other business. Some charge more, some charge less, when it comes to fees. It is same as if buying a toothbrush at Wal-Mart, Target, K-Mart, CVS, etc. Some charge you more some charge you less, it is up to you to figure out what you want to pay for it... Mutual funds are out there to make money. Just like every other business. Some charge more, some charge less, when it comes to fees. It is same as if buying a toothbrush at Wal-Mart, Target, K-Mart, CVS, etc. Some charge you more some charge you less, it is up to you to figure out what you want to pay for it…

]]> By: Manshu http://www.onemint.com/2009/07/24/difference-between-an-expensive-toothbrush-and-mutual-fund/comment-page-1/#comment-25103 Manshu Fri, 24 Jul 2009 23:40:49 +0000 http://www.onemint.com/?p=2286#comment-25103 Yeah I agree Mark, things are becoming more and more complicated without adding any value. I think the new 130/30 ETF is another example of the same thing. Yeah I agree Mark, things are becoming more and more complicated without adding any value. I think the new 130/30 ETF is another example of the same thing.

]]> By: Mark Wolfinger http://www.onemint.com/2009/07/24/difference-between-an-expensive-toothbrush-and-mutual-fund/comment-page-1/#comment-25083 Mark Wolfinger Fri, 24 Jul 2009 17:08:09 +0000 http://www.onemint.com/?p=2286#comment-25083 Hi, 1) You can do NOTHING to simplify products. They are complex and confusing for a reason. So that buyers cannot understand what they are buying. If they did understand, they would not buy. 2) Those 3X (2X also) ETFs are NOT what they look like. It's financial suicide to buy those. They are constructed to move towards zero as time passes. They are for day traders - investors beware. Much better to buy the 'regular' 1X, despite commissions. 3) USO is another of those 'buyer beware' products Wall St is filled with people who want to take our money. Fees, commissions, more fees and then provide no useful guidance. I'm not really doom and gloom, but so much is just unfair for the retail investor. Things should not be that way. Hi,
1) You can do NOTHING to simplify products. They are complex and confusing for a reason. So that buyers cannot understand what they are buying. If they did understand, they would not buy.

2) Those 3X (2X also) ETFs are NOT what they look like. It’s financial suicide to buy those. They are constructed to move towards zero as time passes. They are for day traders – investors beware. Much better to buy the ‘regular’ 1X, despite commissions.

3) USO is another of those ‘buyer beware’ products

Wall St is filled with people who want to take our money. Fees, commissions, more fees and then provide no useful guidance.

I’m not really doom and gloom, but so much is just unfair for the retail investor. Things should not be that way.

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