DO YOU KNOW? YOUR BROKER MAY MORE ON YOUR INVESTMENT!
Brokers take 1% or more as commission from your ‘regular’ mutual fund investments. Every year. And upfront commissions of upto 1.5%. These fees are HIDDEN!
Result: Your final profit after inflation could be lesser than the broker’s commission! With taxes, even lesser!
WHO MAKES BROKERS AND BANKS RICH? YOU.
Will you let your accountant charge 20 % of your net income for filling out your tax return every year? Or your doctor charge 20% of your life’s income for annual health visits? Then why do you pay up to 40% of your TOTAL income to brokers?