Investments – money lost to fees, and bad timing
When considering where to save some money, or earn a little more, remember that everything has a cost. Once that cost is given up, it can never be used again, because someone else is using that money.
In some instances, though a financial product was charging 2% per year, the adviser was also charging an additional fee. Or, when the buying and selling of the investment costs a sum of 3%, the adviser still charged another 2%.
If every year these expenses are added to the sum or your other expenses, they can reduce your future resources. If y
A careful plan can help prevent emergency selling, and help you end up with more.
For a free review of both the obvious and hidden fees, contact us.