|Articles|September 16, 2008

Physician's Money Digest

  • March15 2003
  • Volume 10
  • Issue 5

BEATING BROKER FEES

Solution:

Physician-investors whose portfolioshave been decimated by thebear market may be getting a seconddose of bad news. If your accountbalance has dropped below a certainlevel, brokers and mutual funds mayslap you with a low-balance fee thatadds to the damage done to analready punch-drunk portfolio. Thefees can range anywhere from $25to $200 annually—ouch! Get above minimum levels byputting all your eggs in 1 basket. Ifyou're a mutual fund investor, buyfunds from just a single fund familylike Fidelity (800-343-3548),Vanguard (800-635-1511), or TIAACREF(800-223-1200). If you investin individual stocks, pool allyour holdings and set up 1 accountwith a single broker.

Articles in this issue

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Don't Take Your Listing for Granted

about 18 years ago

Offer an Easier Cholesterol Test

about 18 years ago

Taxes and Spending

about 18 years ago

Space Shuttle Doctors Remembered

about 18 years ago

Hail Columbia

about 18 years ago

SLICING PHONE COSTS

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