I’m looking at which funds to invest in at my new job for my 401k and need some help deciding how to weigh out which funds to go with. I’m a novice, so maybe I’m completely off the mark here, so any advice is appreciated.
Example: (sorry if the formatting is weird, on my iPhone) Fund 10yr. SI. Net Exp. Gr. Exp VETAX 9.85%. 10.2% 0.95% 0.95% State* 8.25%. 9.57% 0.71% 0.71%
*State Street S&P Midcap Index Non-Lending Series Fund - Class J
This is just two of many options I have and the expenses range from 0.70% to 1.32%. From what I’ve read, I understand that expenses can affect the compounding interest of my investment, as that is money taken away from the fund, and it can be significant in some cases. I’m just trying to determine what is the better option, a higher long term avg return with a higher expense or a lower long term avg return with a lower expense. Is the 0.3-0.6% in expense that big of a deal if I’m making 2-3% more on the return long term?
Submitted November 27, 2017 at 05:23PM by Dbsusn http://ift.tt/2BrLCbI
