The Ethical Investor: Wall Street Ripoff #10 – Recommending Products With Enormous Sales Commissions – Huffington Post 11-09-12

On November 9, 2012   /   Alternative Investments, Annuities, Caveat Emptor, Insurance  

Salient to Investors: John R. Talbott writes:   Total costs of 2% per year in a fund earning a 3 percent real return is tantamount to giving Wall Street two-thirds of the profits. ETF’s that cost a half a percent to 1 percent per year can end up costing as much as one-third

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