Rule number four says to keep costs low and use index funds when possible. How do fees impact investment returns over the long term? So we have fees are kind of like the silent killer of investing. Before Jack Bogle, those fees were off in 1%, 2%, 3%. But if you just look at a 1% fee over the course of a 40 year investment, it can it can erode half of the eventual investment.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode