the owl's top no load funds
Do mutual fund families treat you like family?

My friends and I were really drunk last night. Some people talk about sports when they’re drunk. We talk about investing. It’s stupid I know. But that’s just the way I grew up. We were talking about the best way to find the best no load funds. My friends and I are iconoclasts when it comes to finances.

What does this mean? Well we really try to avoid all the “fancy” part of investing. There are all these mutual fund families (just to name a few - Janus, American, Fidelity, etc.) that really don’t look out for the typical investor. They have very nice ads and logos. But their fees are absolutely ridiculous.

Many funds have an expense ratio of between 1 and 2. This means they take out between one and two percent every year. To most people, that seems like nothing. If the fund returns twenty percent am I being a bit penny-wise pound-foolish? No way! This is really going to bite into your investment gains in the long run. If you don’t trust me (yes I know you’re reading a random internet blog), go and do the math yourself. There are tons of investment calculators lying about. Use one and see how much losing one or two percent every year is going to cost you.

If I would be any animal in the world I’d be an owl. Quite wise, careful and prudent but very intelligent and a predator.

If I would be any animal in the world I’d be an owl. Quite wise, careful and prudent but very intelligent and a predator.