Bloomberg Intelligence’s Eric Balchunas says low fees, more than indexing itself, powered the index fund revolution. He points to Vanguard’s VFINX, launched in 1976 with a 43-basis-point fee, as evidence that lower costs and asset growth move together.
published
Bloomberg Intelligence’s Eric Balchunas says low fees, more than indexing itself, powered the index fund revolution. He points to Vanguard’s VFINX, launched in 1976 with a 43-basis-point fee, as evidence that lower costs and asset growth move together.
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I sold the $META $655 Puts 9/25 for $7.60
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