February 25, 2013 at 10:08 AM EST
Two Disclosed and One Hidden Cost of ETFs
BY MATTHEW ILLIAN Exchange-traded funds (ETFs) are a cost-effective way to build a well-diversified portfolio, but don’t just assume that all are inexpensive and diversified. Warren Buffet has been known to warn novice investors with a poker analogy. Buffett shares that if you don’t know who the patsy is after 30 minutes of playing, you’re the [...]
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