It is true that the best things in life are not free, but a study shows that when it comes to investing in mutual funds, buying funds with higher expenses is disadvantageous, the Associated Press reports.
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Eric Tyson, who wrote "Investment for Dummies," said investing in funds with higher expenses is okay when buying into a new fund that does not yet possess heavy assets. But for the most part, Tyson told the AP that low fees and solid performance should be the biggest key for investors.
"You can have your cake and eat it too," he said.