
100 basis points may not seem like a lot. But as Sharpe explains: “the long-term advantage of stocks over putting your money in the bank is currently estimated by many to be 5 to 6%. If you give up 1% in extra costs, you have sacrificed 16 to 20% of your overall gain from investing…
…h is why I tell people all the time, if they want to become an influential voice in their industry, you can’t just sit there and think you’re going to have it all figured out before you start. At best, pinpoint a 30,000 foot goal, work backwards to come up with some general concepts, and the…