What A 1% Advisor Fee Costs Over 30 Years
One per cent a year sounds like a rounding error and is not one. On a $500,000 balance over thirty years it is close to a million dollars of ending value, and most of that is compounding you never see.
Topic
brokerage
Lump Sum Or Dollar Cost Averaging: Which Wins?
The arithmetic favours putting the whole amount in immediately, and the arithmetic is not the only thing in the room. Both answers are defensible and only one of them is free.
Why The Advice Industry Sells You Complexity
The strategy you cannot explain to a friend is not sophisticated, it is priced. Follow the fee model and the product makes perfect sense.
Why Bond Prices Fall When Interest Rates Rise
A bond is a loan with a fixed payment and a fixed end date. Once you see why an old loan gets cheaper when new loans pay more, the price moves stop being mysterious.
What A Brokerage Account Costs You At Tax Time
A regular brokerage account has no contribution limit and no rules about when you take the money out, and it charges you for that freedom every single year. The bill arrives as a tax form.
ETFs vs Mutual Funds: Only One Difference Costs You
Two wrappers around an identical basket of stocks, from the same firm, tracking the same index. Three things separate them, and only one of them will ever cost you money.
What You Actually Own When You Buy An Index Fund
An index fund is a rule, a list and a copy of that list. Once you see how the weighting works, the top ten holdings stop being trivia and start being the actual answer to what you own.
Compound, weekly
One money decision a week, with the arithmetic left in.
What the thing is, what it costs, and the sums worked out in full so you can check them. Free, no affiliate links, and you can leave in a click.
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