Certified financial planner Paul Roelofse unpacks the reasons why investments are not free and chats about the three main components of fees.
Roelofse says that if you’re not looking for income, what you really want out of an investment is the highest rate of return overtime compounding over that period.
He adds that if fees are taking a large slice of that then obviously, the outcome is going to be that much less.
Because the low returns are happening over the last couple of years, fees are becoming more exaggerated.— Paul Roelofse, certified financial planner
Roelofse says that fees are becoming a lot more apparent because in times of low yields, fees are a larger percentage of that yield.
Fees are a reality and I think we really need to unpack that.— Paul Roelofse, certified financial planner
Click on the link below to hear about the three main components of fees…