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The Ultimate Cheapskate's Index Portfolio

For investors looking to build a portfolio based on rock-bottom fees, here's a list of funds and ETFs that can serve as building blocks.

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Note: This article is part of Morningstar's Investor Starter Kit special report. This article originally appeared Oct. 2, 2013.

Go on, admit it: If you're the kind of investor who goes three blocks out of your way to save a dollar on groceries, or who insists on cutting your own hair over your spouse's loud objections, you've probably asked yourself a time or two whether you're a cheapskate. Well, even if others do ridicule your sense of frugality, in the world of investing you've got nothing to be ashamed of, not to mention plenty of company. After all, no one awards prizes for Highest Fees Paid.

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Adam Zoll does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.