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Post by steadyeddy on Jan 30, 2021 17:46:32 GMT
Have you computed your total portfolio ER ? What is it?
I will start with mine: I am at 0.18% total portfolio ER. I employ mostly broad category ETFs with a select few mutual funds.
Thanks Eddy
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Post by Chahta on Jan 30, 2021 18:51:13 GMT
In M* Portfolio Manager the bottom line number, which I assume is a weighted average, is .41%. I have index ETFs and 1 managed fund for equities. The average is raised by MS and muni bond OEFs.
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Post by acksurf on Jan 30, 2021 20:01:27 GMT
I also have a portfolio of 0.41%. Most domestic is indexed; most foreign are in funds. I also have a several balanced funds. MATFX is highest at 1.19 and VTI lowest at 0.03.
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Post by retiredat48 on Jan 30, 2021 22:55:49 GMT
0.32%... last year's number.
R48
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Post by Capital on Jan 30, 2021 23:03:37 GMT
.07% - Mostly using iShares Core EFTs.
I just opened UTMA Accounts for my teenage sons - they are paying 0% using FZROX
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stats
Lieutenant
Posts: 53
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Post by stats on Jan 30, 2021 23:31:10 GMT
0.016% - own vwelx and a bunch os stocks.
Stats
PS this is one reason we own stocks, there are no fees coming out of our dividends
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Post by steadyeddy on Jan 31, 2021 1:49:09 GMT
This question of ER was asked of Christine Benz recently and she said anything less than 0.5% is good. I know the perspectives are different for different people but that prompted me to start this thread. So far we see numbers less than 0.5% ER.
There is no pass or fail in managing ER but curious cats want to know.
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Post by chang on Jan 31, 2021 2:01:22 GMT
My ER has been climbing as I have bought more in EM funds. EM is a category I absolutely do not want to index, and actively managed EM funds charge around 0.9-1.1%. I'm OK with this: it's a price I have to pay for the product I want.
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Post by steadyeddy on Jan 31, 2021 4:13:22 GMT
My ER has been climbing as I have bought more in EM funds. EM is a category I absolutely do not want to index, and actively managed EM funds charge around 0.9-1.1%. I'm OK with this: it's a price I have to pay for the product I want. Fair enough. If you factor out the EM funds, what does your portfolio ER look like?
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Post by chang on Jan 31, 2021 4:50:14 GMT
My ER has been climbing as I have bought more in EM funds. EM is a category I absolutely do not want to index, and actively managed EM funds charge around 0.9-1.1%. I'm OK with this: it's a price I have to pay for the product I want. Fair enough. If you factor out the EM funds, what does your portfolio ER look like? Remove all the EM funds, and what's left is about half VG funds averaging 0.1-0.3%, and some ETFs and Fidelity funds... I would guess an average ER in the ballpark of 0.5-0.6%, but that's just a guess. I am a believer in low cost funds, but I won't let that tail completely wag the dog.
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Post by FD1000 on Jan 31, 2021 21:32:41 GMT
Mine is easily over 1% right now but performance is after all expenses. But wait, since 2000, my portfolio expense was never low and the risk/reward was pretty good and why I never cared about the expense. Should someone do timing? It worked well for me. In retirement, it gets tricker. The goals are different, and may dictate using higher ER funds.
What should the average Joe do? Use very cheap indexes, add money monthly, no trading and stop looking.
So, there is a whole wide world out there.
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Post by xray on Feb 1, 2021 15:36:43 GMT
My portfolio ER has no meaning to me. I am only after my "Goals & Objectives" each and every year. Both ER & ROC are not one of my parameters that I ever care about....
The finance managers of the securities are entitled to a extra bonus from me if/when performing their "JOB's" properly and enhancing shareholder values. If we don't like the current performance we will always move on. If we love it, the market price will continually increase and we will all profit [high dividend + CapGain] from his job performance....
ROC is meaningless because: 1... does not mean anything until 12/31 when the numb3rs are final [changes each month until 12/31] 2... security in question can currently have a very high ROC but is always improving each and every month [bringing it down continually] from either changes in portfolio or sector and/or market conditions
One single opinion of the many I am sure....
Live Long and Prosper....
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galeno
Commander
KISS & STC
Posts: 221
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Post by galeno on Feb 8, 2021 22:34:56 GMT
1.2% of port. Or 25% of our annual gross spending.
I like to include all portfolio expenses, fees, and taxes. Everything that goes to governments and financial institutions.
Expense Ratio...= 0.19% L1WT + L2WT....= 0.09%
Sum1.................= 0.28%
Commissions....= 0.01% Bid/Ask Spread = 0.04% Wire Tx Fees......= 0.03% USD 2 CRC.........= 0.09% IBC......................= 0.20%
Sum2..................= 0.66%
CR VAT...............= 0.52%
Sum3...……….......= 1.18%
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