Short Takes: Mutual Fund Costs and more

Here are my posts for the past two weeks:

 The Next Millionaire Next Door

Thinking in Bets

Here are some short takes and some weekend reading:

Preet Banerjee gives an introduction to mutual fund costs. If you’re thinking you don’t need to worry about this because your mutual funds don’t have any fees, you need to watch the video because you’re wrong.

John Robertson looks at potential future costs with all-in-one ETFs if you want to change your asset allocation in taxable accounts as you age. This isn’t much to worry about if your RRSPs hold as much as your taxable accounts, because you can make low-cost changes just within your RRSP to change the asset allocation of your entire portfolio.

Justin Bender explains that any tax inefficiency in holding Vanguard’s asset allocation ETFs in a taxable account comes from the bond holdings rather than equities.

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