Invest in funds with low fees.
That’s the advice of superstar investors like Warren Buffett, and it’s backed up by lots of research from data nerds.
“A low-cost index fund is the most sensible equity investment for the great majority of investors,” Buffett says in “The Little Book of Common Sense Investing.”
If you aren’t convinced by the world’s most famous investor, look at the data. Research firm Morningstar tracks and rates thousands of investment funds. It’s akin to Yelp of the money world.
