Investing Fees 101: How Fees Can Cost You 40% Of Your Investments
Friends That Invest
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What Are the Types of Fees When Investing in Microplatforms?
A two % fee that you don't have to be paying can end up taking and wiping out forty percent of your final portfolio. The types of fees that you'd look out for are the foreign exchange fees, the subscription fees or ongoing fees,. Your management fees, either the ones that you come across in a passive index fund, but also performance fees. You've also got brokerage fees. That can really add up over time. So absolutely worth your time looking into how much you're paying and if you can get a better deal elsewhere.
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