Avoid highcost investments from "summary" of Common Sense on Mutual Funds by John C. Bogle
High costs can have a significant impact on your investment returns over time. While it may seem like a small difference, even a 1% difference in expenses can add up to a substantial amount over the years. The compounding effect of high costs can erode your returns and hinder your ability to build wealth in the long run. When considering investment options, it is essential to be mindful of the fees and expenses associated with each investment. High-cost investments, such as actively managed mutual funds, often come with hefty fees that can eat into your returns. These fees are charged regardless of the fund's performance, meaning you could end up paying more for underperformance. In contras...
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