Frugal Toolkit

Investing doesn’t have to mean watching your returns slowly disappear through fees. One of the most effective ways to grow wealth over time is by focusing on no-fee or ultra-low-fee investments. Even a 1% annual fee can quietly eat away tens of thousands of dollars over decades, reducing the power of compounding interest.

A great starting point is no-fee index funds. Fidelity offers ZERO index funds like FNILX (U.S. large-cap stocks) and FZROX (total U.S. market) with a 0% expense ratio. These funds provide broad diversification without charging management fees, allowing every dollar you invest to stay fully invested.

Commission-free brokerages like Robinhood (Referral Link) allow investors to buy and sell stocks and ETFs without trading commissions. This makes it easier to invest regularly using dollar-cost averaging without worrying about transaction costs.

By choosing no-fee investments and platforms, you keep more of your money working for you and will save thousands on investing your hard earned money.