2560: Investment Fees Are The Worst by Wanderer of Millennial Revolution on MER and Mutual Funds

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Business, Education, Investing, Self-improvement

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🗓️ 22 December 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2560: Wanderer from Millennial Revolution brings to light the hidden, damaging impact of investment fees, especially in mutual funds. By comparing the long-term effects of Management Expense Ratios (MERs) in mutual funds versus lower-cost ETFs, the article reveals how even small percentages can significantly reduce investment returns over time. Read along with the original article(s) here: https://www.millennial-revolution.com/invest/investment-fees-are-the-worst/ Quotes to ponder: "Investment fees usually don’t appear in your statement, and are instead embedded inside your mutual fund and taken silently out of the fund’s performance." "The more you pay, the worse the performance, because that fee just eats into your returns." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:58.6	This is optimal finance daily episode 2560. Investment fees are the worst.
1:05.0	By Wanderer of millennial-revolution.com.
1:08.0	And I'm your host and personal finance enthusiast, Diana Merriam. We're going to jump right into today's
1:14.8	post as we optimize your life. Investment fees are the worst by Wanderer of millennial-revolution.com.
1:28.0	Feas suck, am I right? I know such a bold statement to make fees are bad from parking tickets to gym
1:36.1	memberships to whatever the bloody headful ticket master's convenience fee is for
1:40.8	whenever I see the word fee written on something, a tiny piece of my
1:45.0	soul and wallet dies a little. But out of all of the fees we have to put up with,
1:50.4	one stands out as simultaneously the most damaging and the most
1:55.1	misunderstood. Investment fees. Quick how much are you paying to invest? If you have
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