Pay attention to fees and expenses from "summary" of The Investment Answer by Gordon Murray,Daniel C. Goldie,Gordon S. Murray
Fees and expenses can have a significant impact on your investment returns. When you invest your hard-earned money, you want to make sure that as much of it as possible is working for you. High fees can eat into your returns over time, leaving you with less money in your pocket. One common fee that many investors overlook is the expense ratio of mutual funds. This fee is charged annually and is expressed as a percentage of the fund's assets. Even seemingly small differences in expense ratios can add up to big differences in returns over the long term. It's important to compare the expense ratios of different funds to ensure you are getting the best value for your money. In addi...
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