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Investment fees are quoted in a unit designed to seem small. Here’s the same number in dollars, which is the unit you actually live in.
Drop your email and we’ll show you what that fee actually costs, plus the four questions to ask before you hand anyone your money.
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Every dollar taken in fees is also a dollar that never compounds. Over decades that shadow cost usually outgrows the fees themselves, which is why “it’s only 1%” is such an expensive sentence.
Plenty of people should pay for advice. The question is whether you’re getting something worth this number. Ask your advisor, in writing:
If any answer is vague, that’s the answer.
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