Youâve chosen an investing app, you might even have chosen your investment â but
đStop
Before you press go, we want to talk about the F word.
No, not that F word.
An even worse word...
đFEES.
Thatâs because the small fees you think youâre paying now, can make a huge difference to your investment over the next 10, 20, 30Â years.
What the F?!
Let me show you and take the confusion out for you with my FREE download ...
You might not think that paying just a few percent in fees or a small monthly fee might sound like much, but it could end up costing you tens of thousands of dollars over time.
Let me give you an example.
Over the 30 years to December 2023, the annual return from Australian shares was 9.2%. Had you invested $100,000 at the start of that period and paid a fee of 1.5% to achieve that return, youâd have $1,000,035Â at the end of it. If you paid just 0.5% youâd have $1,347,161.
A whopping $347,126Â difference.
Thatâs why understand the fees youâre paying for different types of investments (eg Managed vs ETF) and between what you're charged on different investing platforms matters.
Thatâs why weâve done the hard work for you.
In this FREE download weâll give examples of fees and links to calculators to help understand the impact on your investment. Plus provide a table of common investing apps so you can compare as well as letting you know other considerations you should think about.
Download our Free Investing Fee Comparison hereHi, I'm Mel
Iâm an ex-accountant, ex-financial advisor and now financially independent in my own right (after coming back from less than nothing in my 30s as the result of a stupid financial mistake). I believe finance is personal and itâs about finding the solution that works best for YOU. This is definitely not a âone size fits allâ kinda place.
If weâve just met, welcome to the path towards reducing your financial overwhelm. I promise youâll discover you can do money well and you might even (dare I say) enjoy doing it.
My mission is to help women not just become financially resilient but financially thrive.
Download my Free Investing Fee Comparison here