As we approach year-end many are already starting to make portfolio plans for the year ahead. For those who have the option some are still trying to decide whether they should be investing for retirement in ETFs or mutual funds. Of course cost is one concern as generally mutual funds have a higher cost that ETFs though this should be examined case by case. In a very strong trend higher expenses do not mean you cannot make money. During 2009-2010 my 401K was invested in Fidelity Select Precious Metals (FSAGX) which has expense ratio of 0.90%. FSAGX was up 38% in 2009 and 35.2% in 2010 so the fact that its expense ratio was higher than the expense ratio of 0.46% which is charged by the Market Vectors Gold Miners (GDX) did not have much of an impact.
from http://ift.tt/1TY0GAG
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