If You Want Higher Investment Returns, You Need to Start with Minimizing Fees
Money is made in the small, unsexy details
Investors often focus on all the wrong things.
They will often focus on maximizing their returns through excessive trading and market timing, which lowers their returns.
They also focus on the shape of their returns with strong preferences for income-oriented investments like high dividend-yielding stocks, leading to tax-inefficient and poorly diversified portfolios.
In my upcoming book, The Investor’s Mindset, I devote an entire chapter to discussing the importance of focusing only on the factors you can control.
One factor you have complete control over—and which happens to have a huge impact on return—is how much you pay in investment fees. The frustrating reality is that many investors needlessly pay way more in investment fees than they need to.
In this post, I review why minimizing investment fees should be every investor’s top priority and why so many people pay unreasonably high fees.