ilmscore | Prediction Details
"if now instead of paying 0.07% you're paying 0.85% with everything else staying the same well now you're not going to pay $110,000 in fees or $100,000 in fees or half a million dollar in fees or $750,000 in fees you're going to be paying about a million in additional fees because now you're going to be left with $4.2 million"
By Minority Mindset | July 14, 2024 | Pending
From video
Investing Mistakes That Will Cost You Thousands - Don't Do These 7 Things 00:17:04 - 00:17:26
Interpreted Prediction
Increasing the expense ratio from 0.07% to 0.85% on the same investment scenario (40 years, $1,000/month, 10% return) would result in approximately $1 million in additional fees, leaving $4.2 million.

Prediction Details

Topic
Investment Fees

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