4.8 • 1.6K Ratings
🗓️ 19 June 2024
⏱️ 38 minutes
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We bang on about watching our investing costs all the time. And for good reason - not paying heed to the impact of costs can mean throwing away money unnecessarily.
Shownotes: https://meaningfulmoney.tv/BM3
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0:00.0 | Hi folks and welcome to the Meaningful Money Podcast this is season 28 episode 3. |
0:18.9 | Yes welcome back once again after a one week break. We're here in season 28. We're talking about big mistakes, but getting this man on to this podcast as a co-host was definitely not a big mistake. |
0:25.4 | So welcome back Mr Roger Weeks. |
0:26.8 | Hi Pete, well of course it wasn't a mistake. |
0:29.2 | I think I bring some natural gravitas to your light heartiness of what's very serious subjects for yours or now |
0:36.0 | are listeners. |
0:38.0 | Gravitas. Gravitas. |
0:39.0 | Gravitas. That's a big word for this time of the morning. |
0:41.4 | But today's big mistake, apart from using long words, is going to be ignoring |
0:45.0 | costs. Yeah, and it's a huge mistake this one. We bang on about it all the time, but for good reason, |
0:50.6 | right? Not paying heed to the impact of costs when you're investing |
0:54.5 | and building wealth generally just can mean throwing money away unnecessarily. |
0:58.2 | Yeah and that seems deaf given that we spend so much of our time earning it and saving it up for |
1:02.0 | our future. |
1:03.0 | And in addition, how many people are currently checking the old pound or two |
1:06.0 | they can save on their groceries or petrol purchases? |
1:08.9 | Then ignore the cost of investments which can make a far bigger difference down the line. Let's see what we can do about that in just a minute or so, |
1:15.0 | but as usual after the main body we'll read a review that's been left by a listener |
1:18.0 | and answer one of your questions. |
1:20.0 | We will, usual drill. |
1:21.0 | Remember after, remember the sort of notes and links and |
1:23.4 | everything we talk about today are at the show notes and it's the only link you |
... |
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