EP38: How much are investment fees really costing you?
What if the key to unlocking your financial goals lay in understanding the true cost of investing? Brace yourself for a deep dive into the world of investment fees and their impact on your portfolio. I peel back the layers, demystifying the complex world of Management Expense Ratio (MER) fees that define mutual funds, index funds, and ETFs. I provide real-world examples illustrating the calculation of these fees, their cumulative impact on investment returns, and why they are even charged in ...