It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner.

And welcome back to Rule Breaker Investing. I'm David Gardner.

Very excited this week to go back over some of what I've been seeing on Twitter

over the past week.

Last week, as you'll recall, we talked about seven principles for investors, seven principles for investors,

for those who do what we do for the long term.

That is, we risk some capital and we pick carefully,

we put a lot of effort in on the front end

before we make a decision, and then we usually just let it go a lot of the time just in the best frozen terms

We just let them go and indeed those are many of our best picks the ones that we just

allow to grow over time but I asked at the end of that podcast I bet you have

some principles I've given you seven what's your eighth and I just wanted to share back at the start of this

week's podcast some of my favorites some of the ones that I've seen over the last week in no

particular order Scott answered eighth principal simple two words he wrote fees matter that

Scott who's at golfer 17059 on Twitter and Scott boy do I agree with that you know

it's a wonder to me how few people realize what they are paying for their

financial management every year.

A lot of people just kind of check that box on their

four or one-o-one-K plan, select a few funds.

If you've got a good 401-K plan, I hope you have good choice of funds,

all of which should have low fees. It's called the expense ratio, the amount of

money taken out of your holding each year as a percentage of what you hold. So for example

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