There’s a lot of confusion surrounding the costs of owning various types of investments. When you look at the news you see a sort of race toward zero. You see very large brokerage firms saying they’re going to sell you this exchange traded fund for zero cost and no fees associated with it, no transaction costs.
There is no free lunch. We all know there must be costs so in this article I’m going to break it down. Towards the end I’m going to outline why we like to invest in individual stocks rather than buying packaged products.
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