One of the things I’ve always wondered is why anyone would invest in expensive funds (I typically define an expensive fund as one with an expense ratio of around 1% or more). Since there are options – like Vanguard – with expense ratios of 0.1% or less, it’s never made much sense to me why anyone would invest in anything else. Why pay ten times more to invest your money in what amounts to basically the same thing?
One problem I have is that, as a dude who’s really into personal finance, I fall into a sort of personal finance bubble. I take a lot of the stuff I know for granted and assume that everyone just knows this stuff too. In reality, the vast majority of people have no idea what anything I said even means.