Why Does It Make Sense to Avoid Paying High Fees

question 270

Multiple Choice

Why does it make sense to avoid paying high fees when investing with mutual funds or stock brokers?

• A) The funds with high fees are too expensive.
• B) The funds with high fees likely hire managers who are not experts.
• C) The funds with high fees do not perform any better than other funds.
• D) It does make sense, since you should pay high fees to get access to experts.