Hidden Cost of Investing: 3 Common Fees and How to Stop Paying Them | E94

You’ve been doing a great job taking part of your paycheck and investing that money every month. You check your balance and you feel like “I’m not making as much progress as I thought I would.”

Of course, the stock market performance plays a huge role in your return but that’s out of our control. If you’re properly diversifying, you’re doing what you can and the rest is fairly unpredictable.

But you know what factor affects your portfolio’s performance that you can have a direct impact on? Fees.

And luckily, with just a little bit of education and proper blueprint, you can minimize the fees you’re paying to maintain your investment portfolio. In this episode, we are going to be discussing 3 common investing fees, how to figure out if you’re paying them, and what you can do to reduce your cost.

Key Takeaways:

• How a 2% fee can dramatically affect your investment returns
• 3 common investing fees
• How to figure out if you’re paying investments fees
• How to reduce the costs of your investment fees

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