So youre ready tostart investing to build your nest egg.
Some of them are unavoidable, but it helps to know what youre getting into.
GOBankingRates lists a few common fees you might be able to avoid or at least reduce.
Essentially, youre paying a third party to hold and manage your mutual fund investments.
He advises buying your mutual funds directly.
Trading Costs: These are fees charged by brokerage firms to buy or sell an investment.
Theyre also called commissions.
Its worth looking into for a quick assessment.
And to learn more about each throw in of fee, head to the link below.
5 Investing Fees Beginners Forget About| GOBankingRates
Photo byChase Elliott Clark.
