DAILY WALL STREET WISDOM · #083
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“In investing, you get what you don't pay for. Costs matter.”
🇺🇸Jack Bogle
Founder, Vanguard Group
WHO SAID IT
🇺🇸 Jack Bogle
Founder, Vanguard Group
WHAT IT MEANS
Every dollar spent on fees, commissions, and fund expenses is a dollar that doesn't compound for you. Over a 30-year investing career, even a 1% difference in fees can reduce your final wealth by 25% or more.
fundamentals