Kevin Slater Posted April 14, 2022 Share Posted April 14, 2022 A large portion of my Fidelity accounts is a ETFs, and these days I'm all about avoiding expenses. To that extent, I wanted to share that today I discovered there's a cheaper alternative to QQQ (the Nasdaq 100 ETF). QQQM is operated by the same firm with an expense ration of .15% v .2% for QQQ. Apparently it's slightly less liquid given its smaller size, but for buy-and-hold investors the fee savings should be worth it. https://www.thestreet.com/etffocus/trade-ideas/this-etf-is-making-qqq-irrelevant Kevin Slater + Vegas_Millennial and + FrankR 2 Link to comment Share on other sites More sharing options...
RadioRob Posted April 14, 2022 Share Posted April 14, 2022 Nice. It’s great finding the same exact fund with lower expenses! Kevin Slater and + FrankR 2 Link to comment Share on other sites More sharing options...
+ FrankR Posted April 14, 2022 Share Posted April 14, 2022 2 hours ago, Kevin Slater said: A large portion of my Fidelity accounts is a ETFs, and these days I'm all about avoiding expenses. To that extent, I wanted to share that today I discovered there's a cheaper alternative to QQQ (the Nasdaq 100 ETF). QQQM is operated by the same firm with an expense ration of .15% v .2% for QQQ. Apparently it's slightly less liquid given its smaller size, but for buy-and-hold investors the fee savings should be worth it. https://www.thestreet.com/etffocus/trade-ideas/this-etf-is-making-qqq-irrelevant Kevin Slater Nice find! I also believe that minimizing fees is super important over the long term…speaking only for myself, I see no reason to allow a bank or asset manager to pick my pocket repeatedly, year after year. 💰 Kevin Slater 1 Link to comment Share on other sites More sharing options...
Guest Posted April 15, 2022 Share Posted April 15, 2022 18 hours ago, Kevin Slater said: A large portion of my Fidelity accounts is a ETFs, and these days I'm all about avoiding expenses. To that extent, I wanted to share that today I discovered there's a cheaper alternative to QQQ (the Nasdaq 100 ETF). QQQM is operated by the same firm with an expense ration of .15% v .2% for QQQ. Apparently it's slightly less liquid given its smaller size, but for buy-and-hold investors the fee savings should be worth it. https://www.thestreet.com/etffocus/trade-ideas/this-etf-is-making-qqq-irrelevant Kevin Slater As my momma said - “the Pennies make the Dollars” Link to comment Share on other sites More sharing options...
Kevin Slater Posted April 15, 2022 Author Share Posted April 15, 2022 8 minutes ago, BnaC said: As my momma said - “the Pennies make the Dollars” Huh. Daddy always told me penises make the dollars. Kevin Slater lehigh, + JEC, cany10011 and 3 others 1 2 3 Link to comment Share on other sites More sharing options...
Guest Posted April 16, 2022 Share Posted April 16, 2022 23 hours ago, Kevin Slater said: Huh. Daddy always told me penises make the dollars. Kevin Slater I have no response to that. So, I’ll take your word for it… Link to comment Share on other sites More sharing options...
mike carey Posted April 17, 2022 Share Posted April 17, 2022 On 4/15/2022 at 8:09 PM, Kevin Slater said: Huh. Daddy always told me penises make the dollars. So, paternal advice to live by. Link to comment Share on other sites More sharing options...
mattr Posted July 25, 2022 Share Posted July 25, 2022 On 4/15/2022 at 6:09 AM, Kevin Slater said: Huh. Daddy always told me penises make the dollars. Kevin Slater My experience has been that the penises take the dollars.... 😉 Link to comment Share on other sites More sharing options...
gallahadesquire Posted July 30, 2022 Share Posted July 30, 2022 Momma always said: ”Take care of the pennies, and the dollars will take care of themselves.” + Vegas_Millennial 1 Link to comment Share on other sites More sharing options...
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