Cedar Rapids Gazette in Cedar Rapids, Iowa

Can You Manage Investments For Less With DIY Funds

A reader asks if they should move from a broker's American Funds to DIY investing. The column explains brokers earn commissions, compares costs of American Funds 0.7–0.8 percent with Fidelity Blue Chip Growth and target date funds around 0.8 percent, and suggests a do it yourself path could cut costs to about 0.05–0.15 percent. It recommends Couch Potato investing and provides the Scott Burns site link.