Wednesday, November 5, 2014
Fees Matter; They can consume the investment principal
Excessive fees are a plague to the beginning investor, and the novice, small investor is particularly vulnerable...There is never a case where you are not paying a fee...even if you cannot see it on your statement...it can be hidden from you to arise when you redeem or sell the investment...in open mutual fund investments there can be fees in the beginning, middle and the end or termination. It is always best to have the investment be able to be redeemed online rather than my mail..Speed matters. At the conclusion of the investment it is commonplace for the broker to make more than the investor..Remember that things go up and down, and secondly that reversing human emotions is not a simple matter...Most people buy things high and sell low...make a note..
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment