Not exact matches
In my NYT bestselling book, Killing Sacred Cows, I warn people of the 15 major problems of the 401 (k), including: you're not the owner but only the beneficiary of your 401 (k), the government can change the rules at any time, you can't get to the money until 59 1/2, and the
fees are typically
much higher than most
investments out there because you've added complexity and layers of administration and legal
fees.
Annuities are somewhat controversial because some come with
high fees and they may not pay off as
much as other
investments.
This kind of
investment service level is typically available to investors with
much larger portfolios and at
much higher annual
fees at traditional
investment brokers and advisors.
There's not
much to knock at Schwab, but customers who go beyond its low -
fee fund options may experience sticker shock, and the minimum
investment requirement, while still low, is
higher than at many other brokers.
Some folks expressed caution to me for holding so
much of my
investments in actively managed funds given the
higher fees while some thought it was no big deal so long as they are performing well.
«As an
investment strategy, I'd suggest selling the
high -
fee mutual funds in her RRSP and instead hold blue - chip dividend - paying stocks in that account, with all dividends reinvested,
much like her non-registered
investment account,» says Trentos.
Of course, if you're aren't ready for the
investment of a
high end card like the Chase Sapphire Reserve or the American Express Platinum, check out a card like the Chase Sapphire Preferred that offers solid travel benefits at the expense of a
much lower annual
fee.
5 And if we take away the low - cost index funds, what's left are the active managers, whose
investment management
fees are
much higher.
But if you want to enroll in the
investment service, the
fees are
much higher than other robo - advisors.
If your strategy is to hold on to your
investments over the long - term, paying the
higher fee may not make
much of a difference, but you'll want to look into cheaper options if you plan to trade stocks on a regular basis.
Often those who borrow to invest are convinced to do so by mutual fund salespeople and the
high fees on their
investments negate
much or all of the potential benefit anyway.
Of course, if you're aren't ready for the
investment of a
high end card like the Chase Sapphire Reserve or the American Express Platinum, check out a card like the Chase Sapphire Preferred that offers solid travel benefits at the expense of a
much lower annual
fee.
Medical malpractice contingency
fees are
higher because they are
much riskier and require the
investment of substantial more money and time than the average personal injury case.
All in, just the M&E, administrative and
investment fees can easily pass 2 % annually, and if optional benefits are added, the
fee can be
much higher.