Dialogue

Jan 16 2012

Why Investment Fees Matter

Watch this video by Jonathan Chevreau who explains why fees matter so much to investors.  He explains a simple calculation that shows how long it will take for the MER to consume one third of your investment. If the MER is 2.0, it will take 20 years for one third of your investment to be consumed by fees.  If the MER is 3.0 it will take 13.3 years.  If you were to buy the Vanguard MSCI Canada Index, at 0.09%, it will would take 444 years! Remember, fees are directly related to your overall financial performance.