Investing 101:
There is 4 factors to consider for investing.
1. Risk
2. Returns
3. Charges
4. Liquidity
Today I want to talk about charges.
Compounding effect of charges, eg charges of 0.75% pa
100k compounding @ 10% for 15 years = $445,329
100k compounding @ 9.25% for 15 years = $398,358
100k compounding @ 10% for 20 years = $732,807
100k compounding @ 9.25% for 20 years = $631,486
Always keep ur charges for investment low.
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