Keep your investment costs low to maximize returns from "summary" of Random Walk Guide To Investing by Burton G Malkiel
The best way to ensure that you maximize your investment returns is to keep your investment costs as low as possible. Studies have shown that high investment costs can significantly eat into your returns over time. This is because even seemingly small fees can compound over time, reducing the overall value of your investments. One of the key ways to keep your investment costs low is to choose low-cost index funds or exchange-traded funds (ETFs). These types of funds typically have much lower management fees compared to actively managed funds. By investing in index funds or ETFs, you can avoid the higher costs associated with actively managed funds, which often have higher fees and expenses. Another way to minimize...
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