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Slash Your Retirement Risk by Chris Cook

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9    There’s No Such Thing as “Fee-Free” Investing: How to Keep Fees Low

FEES CAN ADD UP, often to the point where they can hinder a portfolio’s growth. After all, every dollar you pay in investment costs is a dollar that can’t appreciate in your portfolio.

Robo-investing strategies—those automated services that use algorithms to manage portfolios and advertise barely there fees up-front—can also extract hefty fees elsewhere down the road.

The solution to this fee overload sounds simple: cut out the costs. The problem is it’s not as easy as it sounds. Too often, many investors aren’t even aware of all the costs of an investment or that a portfolio incurs.

Fees: A Hard Habit to Break

For years, people have spouted the mantra “Keep fees low.” To ...

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