generic tag to be used for questions related to fees. Ideally to be accompanied by other subject tags

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1
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2answers
64 views

Can an ETF's expense ratio (fees) change after I buy it?

In researching ETFs I've found a lot of dire warnings about expense ratios. Evidently, they can really eat up your money. Ok, so look for funds with low expense ratios. But, if I understand this ...
15
votes
3answers
323 views

How to invest in stocks without using an intermediary like a broker? Can shares be bought direct?

I am looking to buy stocks but I would like to do so without a broker. From what I can tell, the exchanges are good ole boys clubs that require you know (or pay) someone in order to participate. Am I ...
7
votes
3answers
123 views

ETF vs Mutual Fund: How to decide which to use for investing in a popular index?

How do you decide between investing in an ETF, vs. in a mutual fund, for the popular stock indexes? Trading costs, tax efficiency, capital gains?
1
vote
1answer
38 views

How do deferred sales charges affect cost basis for first-in, first-out sales?

Consider a mutual fund with a 5.75% load fee. However, there is a contingent reduction in that fee to 5% if you intend to invest $25,000 with the fund company over a 20-month period. You select to ...
2
votes
1answer
317 views

Passing money through a different account to avoid cash pay-in fees

I have recently sold some company assets (not a large figure) and the buyer insisted on paying cash. My question is, my BUSINESS bank charge 0.6% on cash deposits, which is annoying - In theory, is ...
1
vote
1answer
99 views

What is a “single side debit: QMC charges” in bank transactions?

My bank account is debited with description single side debit QMC charges. For what purpose the single side debit is charged. BANK NAME: CITY UNION BANK COUNTRY: INDIA
2
votes
2answers
152 views

What's a recommended minimum amount for buying an index ETF, to minimize fees/commissions?

Let's say every month I transfer $559, which is about 3 shares of VOO. The commission from Fidelity is $7.95, which is about 1.42%. Is it worth doing that, or better, every other month buy worth of ...
1
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3answers
86 views

Why is early exercise generally not recommended for an in-the-money option?

Why is it said that early exercise of a (call) option is not recommended and it is always better to sell the option instead? Is it just to avoid assignment fees? Of course, we assume that the option ...
4
votes
3answers
314 views

Possible to purchase multiple securities on 1 transaction?

I'm curious, can I purchase multiple securities from my online broker (TD Ameritrade) in 1 transaction? i.e. Purchase ABC and XYZ at same time, but only pay the transaction fee ($9) once.
5
votes
1answer
169 views

Why are wire transfers and other financial services in Canada so much more expensive than in Europe?

Why are wire transfers in Canada so expensive compared to Europe? The simple answer I've seen is because bankers are crooks, but I find that this oversimplifies the situation — I don't believe ...
1
vote
1answer
281 views

What does a reorganization fee that a company charges get applied to?

Recently, one of my holdings underwent a reverse split. I was surprised (but not all that surprised) that there was an additional fee of $20.00 assessed, labeled as a "reorganization fee". This was ...
3
votes
1answer
45 views

Limiting Fees for Monthly Contributions

I'd like to start making more investments throughout the year to maximize earning potential with the goal of long-term financial growth. I've gone through the process of setting up a portfolio on TD ...
3
votes
1answer
38 views

Filing late taxes in October

I'm a non-resident alien in the US with a work visa. All this taxing process is new for me since I moved into the US on July 2012 as my first job and never knowing much about tax processes here. Then ...
2
votes
1answer
74 views

Invoice for solicitors fees when selling house in the UK

We have had conflicting information: Some solicitors take their fees (balance) prior to transfer of sale funds to seller. Solicitor must submit invoice prior to disbursement, and that seller can ...
0
votes
1answer
337 views

What's the maximum single withdrawal amount from an ANZ bank ATM in Laos?

I'm travelling in Laos and it's time to withdraw some money. Now because all the fees between my home bank, the local bank, the local country, sub optimal spread for the currency conversion, and ...
0
votes
3answers
261 views

Is a broker's fee equivalent to one month's rent reasonable in San Francisco?

Friend and I are looking to move from elsewhere in the Bay Area to SF, found a decent option in an okay location. Have been attempting to negotiate with a broker on the rent, and he surprised us by ...
6
votes
2answers
246 views

What's the benefit of a credit card with an annual fee, vs. a no-fee card?

My credit cards don't have an annual fee. I get mailers from American Express all the time and I see that card has an annual fee. I know a few friends and see a lot of people subscribed to such cards ...
2
votes
1answer
81 views

How to find the smallest transaction fees and commissions available and reduce trading overhead?

I buy and sell stock through my bank. The various bank/broker/tax overheads, if I was to buy stock and immediately sell it at the same price, is roughly 3%. I am seeking to understand what exactly ...
2
votes
1answer
2k views

Are there extra fees for a PayPal Premier account?

I've googled quite a bit, but I'm not sure I have the correct information since I am in Europe, and the info might have been for the US. I currently have a Personal account on PayPal and I have no ...
8
votes
1answer
164 views

Should I be concerned about a loan refinance offer that adds $1000 to my loan in exchange for $1000 in cash?

I am in the process of trying to refinance an auto loan. I got 4.69% a year ago and should be able to do better now. The loan balance is about $13,000. I called to refi through the same company and ...
3
votes
2answers
117 views

What can I expect to pay when meeting my first financial planner?

I recently had a trusted friend recommend a financial planner (close friend of his) to me. I briefly talked with the planner about scheduling a meeting to discuss my current financial situation and ...
7
votes
1answer
314 views

How can one relatively easily show that low expense ratio funds outperform high expense ratio funds?

Almost everybody these days says that passively managed, low expense ratio funds outperform actively managed, high expense ratio funds. I believe it, and have been investing accordingly, but I would ...
1
vote
1answer
83 views

Do transaction fees for mutual funds apply when purchasing additional shares?

My broker charges me a $19.99 transaction fee when purchasing some mutual funds. I believe that they will also charge this fee when selling shares in the fund. What is not clear to me, is if they ...
5
votes
2answers
434 views

401(k) plan/investment fees: Are they the expense ratios, or something else as well?

I have a naive question. 401(k) fees are a popular topic lately. I am very interested in this as I max out my 401(k) contribution every year, well past the employer match. I am not sure if the 401(k) ...
4
votes
2answers
556 views

How can I deposit USD money in my Australian checking account while incurring as small a fee as possible?

I'm moving to Australia next month (from France) and am receiving monthly US dollar checks (from some affiliate marketing activities I have in the US). In Australia, I will have an Australian checking ...
4
votes
3answers
2k views

Retirement Funds: Betterment vs Vanguard Life strategy vs Target Retirement

I'm a 20 something grad student and would like to open a hands off retirement account with beta exposure to the market and would make monthly contributions. I'm fairly illiterate wen it comes to ...
10
votes
3answers
2k views

How do I make a small investment in the stock market? What is the minimum investment required?

I am not rich, so I am talking one to two hundred U.S. dollars per month only. I would like to know whether I can buy stock using that little amount of money, and how to do that if possible? As an ...
4
votes
2answers
4k views

Is there any US bank that does not charge for incoming wire transfers?

I use CurrencyFair to exchange currency between EUR and USD. I was surprised to see a $10 wire transfer fee at the end of the chain when CurrencyFair transfered from their BofA account to my BofA ...
4
votes
1answer
48 views

What is the market rate of non-cash ISA fund administration fee in UK?

A friend of mine suggested a plan that takes a 1% administration fee (from the assets deposited) regardless of the type of investment you make (stock, bond etc.). This sounded quite high from my ...
2
votes
1answer
106 views

Most cost-effective way to purchase individual bonds?

I am trying to determine the most cost effective way to go about purchasing individual corporate and municipal bonds that I intend to hold until maturity. Is there great variation in the fees and ...
6
votes
2answers
2k views

Can I change banks for my HSA account?

My employer provides a High-deductible health plan with HSA option. One thing I was surprised by was how many fees were associated with the HSA account offered through my employer (the HSA is ...
2
votes
1answer
133 views

Are 401(k) fees based on contribution amounts or total account balance? What's reasonable?

I have a good employer match of a straight 25%. Deposits are made weekly. My balance is roughly $150,000. I have contributed $17,800 YTD, and paid $817 in fees, or 4.6% of my contributions. Are ...
5
votes
3answers
2k views

What is the standard real estate commission to sell a million dollar home?

I want to list my condominium for US $1.3 million. How can I decide on a fair real estate commission?
12
votes
7answers
6k views

How can I avoid international wire fees or currency transfer fees?

I'm paid by an American company, but travel to France frequently and need to have a French bank account for various reasons. So far the cheapest procedure I've found to transfer money is withdraw ...
6
votes
2answers
336 views

I have access to a 401K at work but the fees are high. Should I contribute, or do otherwise?

I have a retirement plan 401K from work. The employer does NOT contribute anything. I just enrolled into account and got to know that there are fees associated with the account. The fees is ...
7
votes
4answers
191 views

Is my first 401(k) fund allocation reasonable, and with respect to fees?

I just started my first job after school and am now being enrolled in my company's 401k plan, which is handled by Vanguard. By default, I was put into the Target Retirement 2050 Trust II fund, which ...
5
votes
4answers
232 views

What's the deal with these mortgage-refinancing fees?

currently we have 400k on a 20 year mortgage at 3 and 7/8 percent. We can move to 3 1/8 percent 15 year mortgage. The guy says this should save us around 70k over the life of the mortgage. The ...
8
votes
2answers
180 views

Total fees for buying a house in the U.K.?

I'm thinking about buying a house in the UK (England). It will cost a max of £120,000 GBP. As an estimate, how much will all the fees total to, when put together? And apparently for houses less ...
5
votes
2answers
202 views

It is worth using a discount stock broker? I heard they might not get the best price on a trade?

I read somewhere that using a discount broker such a Trade King could actually cost more money because they may not be able to get the best price on a trade. Is there any truth to that? I am currently ...
3
votes
1answer
299 views

Do transaction fees for investing in funds offset the benefit of a low expense ratio?

When looking for low expense-ratio funds (specifically Target Date funds), they all seem to be one of two options: No transaction fees and high expense ratio (Example: AREVX $0 transaction, %.98 ...
6
votes
1answer
393 views

Who owns NASDAQ? Does it collect fees from stock transactions?

If NASDAQ is a corporation, does it make profits by charging fees on transactions? When I pay a fee for buying stocks, am I paying the broker or NASDAQ?
7
votes
2answers
285 views

What are these fees attached to mutual fund FSEMX?

Could somebody please explain these fees attached to FSEMX? Annual Report Expense Ratio (net) Prospectus Net Expense Ratio Prospectus Gross Expense Ratio Finance.yahoo.com indicates that they are ...
4
votes
1answer
217 views

Are there Canadian banks with low or nil user fees?

My banking institution is [again...] raising their fees for the second time in 12 months starting March 1st, 2012. I would like to find a Canadian bank or type of bank that has lower fees, of course. ...
6
votes
3answers
377 views

Do ETF managers charge management fees on top of transaction fees?

I see that ETFs do work very similar to diversification of individual stocks following either an industry or an index. I am thinking of changing my strategy to reduce my cost of investing which at ...
2
votes
2answers
273 views

What extra charges and fees will I be billed for an international credit card transaction?

I've never traveled abroad in the past. I live in the US, and am taking a vacation shortly to Italy. At this time, I'm trying to understand what additional fees will be incurred if I attempt to use ...
8
votes
2answers
475 views

How do 401(k) mutual fund expense ratios work?

Simple question - how do expense ratios work? Is there a fee that is calculated regularly, and the amount is taken out of my account? Is it subtracted from the funds earnings? Context: My work has ...
9
votes
4answers
940 views

Any financial institution that offers free or low fee international money transfer?

I would like my younger brother to start studying in a school here, and this requires frequent international money transfers: The primary source (sponsor) would be family funds that would be wired ...
4
votes
1answer
57 views

Should I have be worrying about selling a mutual fund before keeping it 1 year in an IRA account?

I am considering selling a mutual fund in a Roth account that I have had for less than a year. Since Roth and traditional IRA accounts are tax sheltered and capital gains only apply when distribution ...
2
votes
2answers
2k views

How can I pay off tuition fees from a past semester so that I can enrol in school again?

I still owe my tuition fees for a university of California school from fall 2010. I have been out of school since then with two semesters to go before I can graduate. I've been trying to take out a ...
1
vote
1answer
874 views

Are there downsides to switching from Scottrade to OptionsFirst?

Are there downsides from switching from Scottrade to OptionsFirst? I want to buy stocks, write calls, and write puts. Scottrade lets me buy stocks, write calls, but not write puts. I talked to my ...