Two Numbers You Need to Know
How much is your electric bill? What about media (cable, Netflix, etc)? Or your phone bill? You probably have at least a general idea, and if you had to know the exact number, you could find it relatively easily. The two numbers you need to know in investing are how much are you paying and how did you do. This sounds so easy, but for too many people, it’s difficult to track down. The crazy thing is that investment companies are often reluctant to disclose this information. Can you imagine calling the electric company to ask how much you paid last month and they wouldn’t give you a straight answer? Or if you asked how much electricity you used and they would only tell you how much your individual appliances used? That is what happened to Wall Street Journal reporter Andrea Fuller when she called her investment company and asked about fees….