Comments on: Do Investment Fees Matter? http://www.thedividendguyblog.com/do-investment-fees-matter/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Impacts of Investing in the Most Profitable Sector of the S & P - Financial Services http://www.thedividendguyblog.com/do-investment-fees-matter/comment-page-1/#comment-20431 Impacts of Investing in the Most Profitable Sector of the S & P - Financial Services Sun, 16 Sep 2007 15:17:48 +0000 http://www.thedividendguyblog.com/2007/03/15/do-investment-fees-matter/#comment-20431 [...] In this blog, I have spoken a number of time about the impacts of fees on an investment portfolio. The trouble is, there is very limited awareness of the investing public of the huge fees that are being charged for investment services. Take Canada’s mutual fund industry, which has one of the highest fee structures in the world. Recent profits on one of the Canadian fund companies speaks to this. [...] [...] In this blog, I have spoken a number of time about the impacts of fees on an investment portfolio. The trouble is, there is very limited awareness of the investing public of the huge fees that are being charged for investment services. Take Canada’s mutual fund industry, which has one of the highest fee structures in the world. Recent profits on one of the Canadian fund companies speaks to this. [...]

]]> By: Gary Williams http://www.thedividendguyblog.com/do-investment-fees-matter/comment-page-1/#comment-14101 Gary Williams Fri, 16 Mar 2007 05:05:01 +0000 http://www.thedividendguyblog.com/2007/03/15/do-investment-fees-matter/#comment-14101 My desire to minimize fees is one of the reasons I use the US-based BuyAndHold as my brokerage: their basic membership is $7 per month, with the first two transactions in the month included in that fee, and subsequent transactions are $3 each (or you can get the $15-per-month plan with unlimited transactions). Also, they use fractional shares and will optionally reinvest your dividends for free. My overall fee overhead through them is about 0.35%. Caveats: I think B&H requires all clients to be US citizens with US addresses (although I live in Canada), they don't allow PO boxes (but there is a way around that thanks to a bug in their address validation code), your email address must have a .com, .net, .org, or .us TLD, and "only" about 4,305 securities are available for purchase. My desire to minimize fees is one of the reasons I use the US-based BuyAndHold as my brokerage: their basic membership is $7 per month, with the first two transactions in the month included in that fee, and subsequent transactions are $3 each (or you can get the $15-per-month plan with unlimited transactions). Also, they use fractional shares and will optionally reinvest your dividends for free.

My overall fee overhead through them is about 0.35%.

Caveats: I think B&H requires all clients to be US citizens with US addresses (although I live in Canada), they don’t allow PO boxes (but there is a way around that thanks to a bug in their address validation code), your email address must have a .com, .net, .org, or .us TLD, and “only” about 4,305 securities are available for purchase.

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