On October 9, BCSC InvestRight announced the launch of a new investor education video that supplements the Guide to Investing: How to be an Empowered Investor.

The video, Informed Investing: Investment Fees, provides background information on investment fees and how to approach your advisor to get clarification on the fees associated with your portfolio.

Since the fees you pay will affect your returns, it is important that you know what direct and indirect fees you are paying for your investment, and/or for advice. To get clarification on the different types of fees that you may be asked to pay, visit InvestRight’s Fees & Charges page.

When working with an advisor do not hesitate to ask questions and always remember to factor all fees into your return calculations. The Informed Investing: Investment Fees video gives some examples of the questions that you can ask when considering an investment, and the information you can request when working with a financial advisor.

This video is available in the Investor Toolkit on InvestRight.org, which now includes all three videos from our Informed Investing video series and the Guide to Investing: How to be an Empowered Investor.

The Guide to Investing: How to be an Empowered Investor has worksheets that will help you ask about fees before you invest, and information on how to conduct an annual portfolio review to determine your investment returns.

In next week’s blog post, we will feature the video, Informed Investing: Titles and Designations, which was also launched on October 9.

Suggested Reading

5 Things You Learn When You Get Started with Investing

Genius Funds: Just another HYIP

In Your Community - April 2014

More Resources

ICSC update: BCSC settles with Patel and issues NOH against Samji

On Feb. 14, 2012, the BCSC issued an Investor Alert announcing it was investigating Rashida Samji and Arvindbhai Bakorbhai Patel (aka Arvin Patel). This week, the BCSC’s executive director issued a notice of hearing alleging that Samji and two companies she controls committed a fraud that raised about $83 million from 218 investors. The BCSC […]

I wonder who invests in HYIPs

I have been looking at these high yield investment programs and wondering who actually invests in them. Wikipedia says that these investment schemes are a “type of Ponzi scheme”. People tell me that setting up an account can be very complicated. Some HYIP funds insist on verifying bank wire transfers by demanding personal information (passport, driver’s license). I […]