I love free or low-cost service as much as the next guy. But, when it comes to financial services, if it’s “free”, buyer beware.
Read MoreWhether they represent a past mistake, bad luck, or a choice that made perfect sense at the time but no longer does, you are subject to sunken cost fallacy when a holding is no longer serving for your current goals. Learn how to avoid this trap.
Read MoreHidden trading costs can be difficult to combat; they are by definition elusively observed and slippery to measure. Most investors are unaware they even exist.
Read MoreIn considering the impact of expense ratios, Dimensional demonstrated that, over time, funds with higher expense ratios lost ground – fell down too many chutes, if you will – compared to low-expense-ratio funds.
Read MoreIf your comparable fund’s total expense ratio is considerably higher, you may want to find out why.
Read MoreSeek a fee-only advisor, so he or she is being solely compensated by you, the client, with no outside incentives from other sources.
Read MoreIf minimizing excess fees is such a big deal, why doesn’t every investor pay rabidly close attention to them? We can think of at least three reasons…
Read More“In investing, you get what you don’t pay for.”
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