Most people are well aware of the ‘magic’ of compound interest, but there is another side of the story which is less often talked about.
Investment cost is the other side of compounding – because it compounds, too.
Investment fees are often referred to as the silent assassins of an investment, because they compound in exactly the same was returns do. Over the long term, what seem like small differences in costs can put a significant dent in your returns.
The good thing about costs, however, is that they are entirely within your control. This eBook outlines strategies you can use to help lower the costs of your investments.