May
24
How to keep fees simple on your investment portfolio
Remember the times when you as the client would phone up your broker and make a trade to buy a stock, or a bond, or a fund? You usually asked what the commission was going to be, or at least an approximation.
There are many people in the world in which we live continuing with such modus operandi.
Basic Concept: Gross Return - Total Fees = Net Return on Portfolio
This equation is relatively basic knowledge for most people. However, the true quandry lies in finding all of the "Total Fees". How does one truly find all of the "Total Fees" in their porfolio.
