The Scariest 1%: The Impact of Fees in the Long Term
What's a measly 1%? It's a lot in terms of fees. We will show you the impact of fees in the long term. Fees can eat into your investments more than you realize and the impact of those fees in the long term can devastate your retirement savings.ong term.
Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance. · ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci
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Show Notes
You’re paying your money manager for his or her expertise, right? They know all the secrets and tricks to picking the right stocks and making the right investments. They know things you will never understand. Well, they don’t.
According to the analysis, 99 percent of actively managed US equity funds sold in Europe have failed to beat the S&P 500 over the past 10 years. You need someone with expertise to make sure you don’t lose all of your money when the market is volatile. You don’t. Andrew did the math.
Show Notes
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