Use Low-Cost ETFs

Sadly, those new to investing don’t only have fees and commissions to worry about. Have you heard of high internal expenses? These are known as hidden fees and could chip away at your money quite significantly, especially in the long run. You may find them in some mutual funds or ETFs.

That’s why it’s important to look for low-cost ETFs, even when you’re diversifying with a $0 commission broker. They offer just as many advantages, meaning that you can own nearly every sector of the market. Here, we mean micro-cap stocks, commodities, real estate, and also global stocks.

What does low-cost mean, though? Well, you’ll be happy to know that these ETFs charge minuscule annual expenses, such as less than a penny per $1,000 you invest.