Why You Should Think Twice About ‘Free’ Funds

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The best things in life may be free, but investing for free can carry a cost

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On Feb. 25, SoFi, an online financial-services firm, filed a preliminary prospectus for four exchange-traded funds, including two that will charge no management fees. That comes after Fidelity Investments’ zero-fee mutual funds took in nearly $3 billion in the last five months of 2018, according to the firm.

 

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It's too funny to invest in these funds Everybody knows that the cost of managing is less than the interest which they can make.

I'm not arguing that. I was saying that if you want to get into a market of gold, you're more likely to use a tax-free option, and the market is more likely to value the money if you have a different account than if you don't.

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