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How to lower your investment fees
Calculate your total fees.
You can find data on the fees you're being charged in a number of ways, but the simplest and most straightforward way is to review the account statements you receive and make a projection.
Generally, you'll see two kinds of fees on your statements.
Some will be transaction fees, which are only charged when you buy or sell a stock or mutual fund. Others are ongoing fees, such as account maintenance fees or management fees, which you are charged on a regular basis.