Being smart with $$ - Small amounts matter with fees and performance

Yesterday I reported that just 1% in fees over 40 years could cost you 1/3 of your portfolio (see prior post for details.) But what if you pay 1% in fees AND the investments that your advisor's boss tells him/her to recommend also underperform by 1%? Now your account is less than HALF of what it would be without the fees and the underperformance.  The little stuff does count!
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com