Compare These Brokerages: See Where You Won’t Suffer From as Many Fees
If there is one crucial lesson to learn about investing, it’s that compound interest is magical, but fees are its mortal enemy. Over the course of 20 years, an additional 0.25 percent in fees on an investment of $100,000 — that’s $250 in fees in just the first year — will cost you a whopping $10,000 even assuming a very modest 4 percent return.
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