{"id":1005,"date":"2016-03-11T08:00:33","date_gmt":"2016-03-11T13:00:33","guid":{"rendered":"http:\/\/www.investmentzen.com\/blog\/?p=1005"},"modified":"2017-05-22T14:53:08","modified_gmt":"2017-05-22T18:53:08","slug":"investment-fees-matter","status":"publish","type":"post","link":"https:\/\/www.investmentzen.com\/blog\/investment-fees-matter","title":{"rendered":"Can A 1% Difference In Investment Fees Destroy Your Financial Dreams?"},"content":{"rendered":"

I<\/span>magine there were only two main strategies that could help you save for retirement. One of those strategies involves myriad fees and underlying costs that chip away at your returns year after year, while the other is remarkably inexpensive and easy-to-understand.<\/strong><\/p>\n

Knowing these details and these details alone, which option would you choose?<\/p>\n

Obviously, most people would go with the latter strategy \u2013 the one with low costs and overhead. Right?<\/p>\n

Sadly, that isn\u2019t always the case. In the complex world of investments, financial advisors, funds, and fees, few people really understand what they\u2019re paying for account management and how it can impact their returns over the long haul.<\/p>\n

That\u2019s why it\u2019s important to know how many fees you\u2019re paying for portfolio management, trades, and everything else. After that, you need to know what percentage of your portfolio these fees eat up.<\/p>\n

Brace yourself.<\/em><\/p>\n

Investing for the Long Haul: Fees to Understand<\/h2>\n

Depending on the type of investments you hold onto and who you use to manage your portfolio, any number of fees could be dragging down your bottom line.<\/p>\n

While some are necessary and well worth it, others could be easily minimized if you were willing to change your investing strategy up a bit. Some common fees you should know and understand include:<\/p>\n