Murray Coleman at IndexUniverse says he's made the switch from index funds to a portfolio made up purely of exchange-traded funds (with one lone holdout: a bond index fund that's in the process of being converted).
Coleman says it's "illogical to keep buying higher-priced versions of the same benchmarks I've been investing in up to this point." Managed through a no-commission brokerage, Coleman's new portfolio, which takes a total stock market approach, has a total expense ratio of 0.15 percent per year. You can't beat that.
Reader Comments