Alex Jay talks investment fees with OUTvest
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Fees are the next revolution in the world of investing. Paying lower fees on your investments, especially long-term investments can have a massive impact on your eventual outcome. You need to understand the fees that you are paying on your existing investments, and the only way to really do that is to ask for your Effective Annual Cost, also known as the EAC.
Low fees do not necessarily mean low performance either, in fact those charging high fees have a much higher performance hurdle than those companies charging low fees. Keeping money simple can actually be very empowering.
Low fees do not necessarily mean low performance either, in fact those charging high fees have a much higher performance hurdle than those companies charging low fees. Keeping money simple can actually be very empowering.