Dividend Investing In A Roth IRA
- Tuesday, July 12, 2016, 17:32
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Reducing your investing fees is the best way to generate higher total returns.
Most investors focus on minimizing fees from their brokerages. If you made four trades a month (two buys and two sells) over 30 years, that comes to $14,400 at $10 a trade.
If you get serious and shop around for a cheaper brokerage, you could reduce trading costs to $5 a trade (as an example). This would result in savings of $7,200 over the course of your investing career.
http://www.forbes.com/sites/gurufocus/2016/07/12/dividend-investing-in-a-roth-ira/