Episode description
Episode description
“Abit of small change saving becomes big change later”- Warren Ingram
On today's episode, we invite Grant Locke, head of OUTVest, to discuss why looking at fee structures is important before deciding to invest with certain institutes. Warren and Grant discuss everything from index-tracking, how fund managers work and the differences between EFTs and Unit Trust fee structures.
Questions/ Topics:
- Why are fees important?
- What are the effects on short-term and long-term investments?
- What would reducing your fees do to your investments?
- What is index investing & how can fund managers assist?
- What are the main ways private investors can buy an index?
- What's the link between index-tracking in ETFs and index-tracking in unit trusts?
- Understanding unit trusts and the fees involved
- Understanding ETFs and the fees involved
- Why doing research is so important
Have you heard about the OUTVest competition where you can win R10 000 invested into your OUTVest investment account? Simply visit https://bit.ly/3wEMBlB for more information on how to enter and the great prizes up for grabs!
Don’t forget to send us your Voice Note questions on WhatsApp to (+27) 72 934 4218 and follow us on Twitter, LinkedIn and Subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod