Dividend Post
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Sound investment research of dividend paying investments focusing on
Cash Flow and Dividend Growth.
The average Canadian MER of 2.1% curtails registered retirement savings plans by 47 percentage points over 30 years"
The Rule of 40
To compute how long it takes mutual fund management expenses to consume one third of your investment: take 40 and
divide by your mutual fund's MER. or... After "n" years, the percentage of your money you get to keep in a mutual fund is:(1-MER)n * 100
"In 25 years, a one-time $10,000 investment earning 10% per annum would be worth $15,885 more, just because of a 1% saving in MER."
Let's do the math - $ 100,000.00 one time investments will cost you $ 155,885.00 after 25 years.
Most funds charge a lot more than 1 %. ......... now do the math !Mutual fund costs are shameful.
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