Time to navigate the maze of fees eating into your capital
Uncovering the hidden costs that dilute returns for private investors is critical to maximising wealth
We live in an era of pretty high equity valuations. Double-digit capital growth – well-ahead of economic growth and inflation rates – has been common in recent years. Growth in investment portfolios ahead of inflation provides us all with a good feeling, a comfort, sometimes even cause for self-praise. A rising tide is a nice sea to be swimming in and, over the past decade, it is that rising equity market tide we have been swimming in for most of the time.
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