Should We Pay Up For Performance?
Regular readers may know that I’m often vexed by the cost of investment funds. But there’s one element that doesn’t distress me that much. And that is a performance fee.
Regular readers may know that I’m often vexed by the cost of investment funds. But there’s one element that doesn’t distress me that much. And that is a performance fee.
Costs are one of the few things we can control as investors. They have a massive impact on your long-term returns, too. While you could say performance is ultimately all that matters, I’d still say costs should be a key factor when choosing where to invest.
When you’re messing around with statistics, it’s all too easy to come up with something that’s horrendously misleading. Investing stats are no different. Here are three that really set my teeth on edge.
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