Investors might also pay markups, due when a brokerage sells securities from its inventory at a price higher than the market rate; sales
loads, sometimes assessed when you make or sell an investment; surrender charges, imposed when someone pulls out
of an investment early; investment advisory fees, which are what Mr. Five Percent wanted to charge me; and 401 (k) fees,
additional expenses for operating and administering retirement plans that employees pay on top
of fund management fees.