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401k dividends
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<blockquote data-quote="Catatonic" data-source="post: 1259865" data-attributes="member: 7966"><p>I will take your word since I am not familiar with the Teamster 401k.</p><p>Just be aware that Mutual Funds are <u><strong>notorious</strong></u> for having "hidden costs" that reduce your actual ROI.</p><p>They do not show up as management fees or expenses ... they come out of your investment.</p><p>That is, you have 100,000 invested and your amount at the end of the year is 106,000.</p><p>Your actual gain was $6,500 but expenses reduced your gains by $500.</p><p>This never shows up anywhere except a generalized expense description in very small print buried somewhere in the prospectus.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1259865, member: 7966"] I will take your word since I am not familiar with the Teamster 401k. Just be aware that Mutual Funds are [U][B]notorious[/B][/U] for having "hidden costs" that reduce your actual ROI. They do not show up as management fees or expenses ... they come out of your investment. That is, you have 100,000 invested and your amount at the end of the year is 106,000. Your actual gain was $6,500 but expenses reduced your gains by $500. This never shows up anywhere except a generalized expense description in very small print buried somewhere in the prospectus. [/QUOTE]
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