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I have realized most people are completely oblivious to the fees they pay on investments and how fees secretly cost them thousands in the long term. If you want to be money smart and understand how to identify and reduce fees - and build long-term wealth - this video is for you.
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A sheet to calculate the impact of your investment fees
A sheet to benchmark your investment fees and see which funds have the lowest costs
The calculations used in my previous videos to compare buying to renting and investing in property to investing in stocks
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In this video, I explain the difference between active and passive funds and the fees they involved: • The Best Way to Invest: A Life-Changing Le...
TIMESTAMPS
00:00 Introduction
01:03 Compounding effect of money
02:15 Impact of fees on compounding
02:52 Impact of different fees - charts
03:18 Pie chart showing how fees eat away returns
04:01 Where are fees charged?
05:18 Advisor fees
06:21 Fees on investment products & funds
07:22 How to identify fees
09:36 How to pay less fees
DISCLAIMER:
All content I share is educational in nature and does not constitute financial advice. Any calculations or returns referenced are based on historical figures, future returns are not guaranteed. All information shared is market sensitive and subject to change as markets and economic conditions evolve. Personalised one-on-one advice is available exclusively to my Invest with Confidence Executive students through direct consultation calls. I am authorised to render financial services, including advice, under Wealth Office (Pty) Ltd, FSP 54904. https://www.moneywithcarla.com/terms