
- 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
about 18 years ago
Know the Seven Sins of Practice Marketingabout 18 years ago
Don't Take Your Listing for Grantedabout 18 years ago
Offer an Easier Cholesterol Testabout 18 years ago
The FTC Helps Disconnect Telemarketersabout 18 years ago
Proposed Tax Package Divides Investorsabout 18 years ago
Taxes and Spendingabout 18 years ago
Space Shuttle Doctors Rememberedabout 18 years ago
Hail Columbiaabout 18 years ago
Will Your Savings Be Decimated by LTC?about 18 years ago
SLICING PHONE COSTSRelated to this article








