STOP Paying 55 Basis Points for Active Management!

You know, there was a time where 50 to 55 basis points for an actively managed fund would be considered extremely competitive.

That would be during the days of mutual funds, but in ETFs now, we're seeing active management on both the equity and the fixed income sides come down.

And unfortunately, BKCG and CNQ are no longer as competitive.

Uh, TOPT in this case is just significantly cheaper, less than half, 20 bips versus 50 and 55.

Uh I am still not too keen on paying 20 bits for what amounts to 20 stocks.

I think that with you know brokerages like M1 Finance where you could just make a pie or like even with zero commission brokerages you could just buy a lot of these constituents yourself following the top 20 of the S&P 500.

So, you know, it if I had to pick one, it would be TPT.