Tuesday, April 5, 2011

Recommended Investment Management Companies

Recommended by my Prof for their low fees:
1) Vanguard
2) Fidelity
3) Schwab

The context of his recommendations is a discussion on diversification using plain vanilla index ETFs. He had been using these 3 investment houses for decades (yes, he is an old man).

Although not discussed, I think liquidity of the sponsored ETFs, as well low tracking errors played a part in his preference.

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