Can you think of any other product or service that the cheapness of the product is the primary selling point? How does buying the cheapest toilet paper work for you? Since your money is high on what is important to you, why be willing to put so much emphasis on the cheapness of the investment. I think it's fair to say the cost isn't what matters most; it’s the advice behind the cost.
You can choose to own an investment that mimics this index. However, this index can be configured by size of the company (capitalization weighted) or equally-weighted. If a hypothetical investment decision to own a capitalization-weighted version vs. the equally-weighted version was solely based on cost, the outcome may not have turned out as anticipated.
The right advisor should be able to guide you into the investments best suited for you in the current environment regardless of their cost. Over a long time horizon, this type of approach should neutralize any advantage a low-cost investment may have.
The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Eric D. Griessel and not necessarily those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index. Diversification does not ensure a profit or protect against a loss
