past title: “investments: small costs AddUp to become significant”

— eg: commodities futures 1997 — My 11k loss was roughly equal to the $200+ commission for each $100k trade.
— eg: annual fee of mutual funds vs stock picking
— eg: FSM trailer fee — 35 bps/Y vs 0 bps if buying the same fund from a bank.
— eg: BGC monthly fees. HDB too.
— eg: pTax