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We all have heard it is important to keep fees low on our investments to maximize long term gains. In this episode I breakdown (with actual numbers) how much of a drag expense ratios can have on an account over long periods of time. I step through an example of a .50% expense ratio vs. 0.05% expense ratio on $50,000 over 20 years @8%. Reference the calculator below to personalize expense ratio scenarios,
It's a new month, we review The Radish Account, recap September and thoughts for the rest of the year.
Fee/Expense Ratio Calculator
https://www.investright.org/tools-resources/calculators/investment-fee-calculator/
Gogi Piñata Mug
Get ready for the Holidays! Order your Gogi Mug as a great gift idea for coffee/tea drinkers on your list. I'm stocking up from these great mugs from my friend Mike Sharpe
https://www.ebay.com/itm/326204425620
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No transcript available for this episode.