You might also consider exchange-traded funds, which are generally diversified and have low fees and excellent liquidity.
Mr. Jones advised bond investors who want a traditional haven to turn to funds from Vanguard and Fidelity, both of which have low fees and "robust credit market research staffs".
Stockbrokers such as Halifax and TD Direct, as well as fund platforms such as Cavendish Online, Hargreaves Lansdown and Fidelity, have low fees.
Brooks Herman, head of research at BrightScope, a company that rates retirement plans, said that when he looked at 401(k) plans by industry, lawyers had the strongest ones as a group: their plans had low fees and high average balances.
Because they tend to have low fees and can be used to build diversified portfolios, as well as for esoteric strategies, E.T.F.'s are wildly popular among individual and institutional investors alike.
Students need accounts that have low fees and safeguards against slips like debit overdraft and bounced checks.
Money market accounts have low fees and low risk, but also have lower return.
They generally also have low fees but may charge a commission when you buy or sell.
