ilmscore | Prediction Details
"0.04% in fees means that for every $100 you invest, you're going to be paying four pennies in fees. Compare that to the 2% fee you'd have to pay with a mutual fund where you're paying $2 out of every $100 you invest. So, the fees with an index fund are way less because now you substituted the money manager with a computer."
By Minority Mindset | February 6, 2024 | Pending
From video
How To Invest In Dividend Paying Stocks & NEVER WORK AGAIN 00:42:57 - 00:43:08
Interpreted Prediction
Index funds have significantly lower fees (e.g., 0.04%) compared to mutual funds (e.g., 2%) because they are managed by algorithms rather than human managers.

Prediction Details

Topic
Index Fund Fees vs. Mutual Fund Fees

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