The world's richest families got MUCH richer, thanks to the stock market

0.04% for a Vanguard S&P 500 ETF

What class of share is that?

Admiral (>$10k). But the regular investor shares have 0.14% which also is quite low.

https://investor.vanguard.com/etf/profile/voo

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That’s still pretty good. Thanks.

Both Vanguard and iShares have very low management fees and you can buy a single paper that is a full ETF portfolio that gets automatically rebalanced without having to actually buy or sell any individual ETFs. It’s very convenient for people who don’t want or know how to manage a portfolio by themselves.

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