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Carrick on money: Six-figure shocker – your lifetime bill for investing fees

Fees are the silent killers of investment returns.

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Six-figure shocker – your lifetime bill for investing fees
Writer and blogger Preet Banerjee estimates how much we pay in investing fees over a lifetime by using the example of a 25-year-old who invests over 40 years and uses an investment adviser selling conventional mutual funds. Grand total: $170,578.27.

Speaking of fees, read here about how low-cost mutual funds can help you end up with more money in retirement.

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Why gasoline costs what it does
This slideshow shows you how all the steps in the production and sale of gasoline add to the price at the pump. Read it and you'll know exactly who to blame for the high cost of filing your tank.

Twenty cool ways to reuse a pizza box
A laptop stand, for example. No mention about how to get the grease stains out.

More money
Join the 36,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More


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