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People spend a lot of time and energy earning money, but often
make foolish spending decisions that can amount to a lot of
money over time...like investment management fees.
Switch to online stock trading
using Exchange Traded Funds could save
years of salary earnings!
Have you ever added how much you spend in a year to mutual fund
investment managers? Probably not, because their
investment statements do not clearly identify this amount.
Compare to Exchange Traded Funds and save...
The average US investor has $40,000 in investment savings
accounts, and typically pays the average mutual fund expense
ratio fee of 1.4% per year. Did you know most Exchange
Traded funds have MER fees below 0.55%
$102,112 saved by switching to Exchange
Traded Funds
Assumptions used in example:
A $40,000 portfolio is invested in a tax-deferred
account for 30 years at and average return of 9%. The
savings represent moving from an annual 1.4% MER fee down to an
annual MER fee of 0.55%
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Career Life I.Q.
question # 3 |
| Imagine if you could reduce your annual MER fee
charged on investments from the current average of 1.4%
down to 0.55%. How much would you save if you had
a $40,000 portfolio and you put those savings to work in
a tax-deferred account earning 9% for 30 years? A)
Don't know - I did not read the example above
[select A]
B) $102,112
[select B]
C) $62,105
[select
C]
Sidebar:
here you can check your
actual insurance savings |
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