For every $10,000 you have invested in Mutual Funds more than a third is lost to fees!
For every $10,000 you have invested in Mutual Funds more than one third is lost to fees. For every $10,000 invested you will lose $3,367.80 in 15 years*.
After 25 years the amount lost will be $5,613, more than 50% of your initial investment! Mutual fund fees take out a big portion of your earnings. The good news is that you can avoid these fees all together.
Can you imagine losing more than 50% of your investment to fees? It’s no wonder why so many people will have to work for the rest of their lives. I truly believe that regularly investing in mutual funds till you retire will not make you financially free, this explains why most retirees continue to work past the age of 65.
The solution is simple. Avoid mutual fund fees by avoiding mutual funds. Invest in quality dividend-paying stocks when they are undervalued.
*The mutual fund fees are calculated using the Mutual Fund Fee Calculator. Assuming an MER of 2.22% and no loads, after 25 years $10,000 invested in Mutual Funds will cost you $5,613 in fees.
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