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High Investment Fees Hurt

The article states that asset allocation funds and equity funds offered to Canadian investors charge on average close to two full percentage points. Yikes! Good luck growing rich.

A do-it-yourself investor can build a completely diversified, indexed portfolio for under 15 basis points (1 basis point = 1/100 of a percentage point). No expertise nor experience required.

BYOFA. You will enjoy it.

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