generic tag to be used for questions related to fees. Ideally to be accompanied by other subject tags
0
votes
1answer
35 views
ETF annual expense ratio: how to calculate on a portfolio?
I'm building a portfolio on Excel that includes the following data:
price at purchase
number of shares
commission/fees
current price
How should I calculate the impact of the Annual Expense Ratio to ...
0
votes
1answer
72 views
Best IRA investment strategy
Two questions here:
What is the best investment strategy for low risk income-oriented investor?
What is an acceptable fee for IRA money management?
I have a 401k account I am looking to roll over ...
25
votes
8answers
5k views
Fee-only financial advice vs. asset management (which includes advice)?
My wife and I are looking for a financial advisor. I am 52 and she is 48. We have a million plus in assets, with most of that in 401k... about 500,000 in a brokerage account.
We have found a ...
3
votes
0answers
39 views
Calculating or estimating implicit fees from 401k
I'm looking at my most recent Account Statement from a previous employer's 401k.
There's a lil table on the first page with the opening balance, the range of dates that pertain to the statement, how ...
2
votes
1answer
96 views
What are the fees for selling ETFs from a savings plan in Germany?
When I create a savings plan for ETFs in Germany at a german bank, I collect securities, ETFs in this context, over time. After the end of my savings plan's duration, I do not exactly understand what ...
4
votes
1answer
1k views
Broker charging 15% on leasing a no fee apartment in NYC. Can he do this?
I am going to sign a lease on a no fee apartment in NYC and my broker is charging me 15%. Can he do this?
I thought no fee means the landlord/management company pays the broker?
Please advise.
1
vote
1answer
112 views
Avoiding Chase monthly checking account fee
With my checking account I have maintained a daily balance greater than 1500 dollars to avoid the 12 dollar monthly fee. As I earned more income I started moving it to a savings. Now I have ...
1
vote
1answer
105 views
How can I accurately anticipate wire transfer fees from intermediary banks?
When sending an international wire transfer, the transmitting and receiving financial institutions both (usually) assess fees associated with the transfer. These fees can be accurately anticipated by ...
0
votes
2answers
105 views
Help me understand these options prices
I learned about options in a financial mathmatics class a few years ago, and recently I thought I'd buy some for fun/to learn how it's done in real life. I don't like Intel (don't hate me) and it was ...
2
votes
1answer
189 views
Is an ATM legally obliged to display withdraw fees in the United States?
Is an ATM legally obliged to display withdraw fees in the United States?
1
vote
1answer
144 views
What costs do banks incur on processing credit card refunds in foreign currency?
When a credit card transaction is in currency different to the one of the card, it is pretty normal for banks to charge a 1-3% fee associated with the currency conversion. Some banks do this by using ...
0
votes
0answers
80 views
ETF - Why are the fees so different?
I'm doing some research to set up my ETF portfolio. I've noticed that some ETF's seem almost perfectly similar, the management fees are sometimes not in line.
Let's look at Europe for example.
I ...
5
votes
3answers
238 views
Buying less shares more frequently [closed]
I'm going to university in a few months and was looking to invest any weekly surplus (£50-75) from my student loan into an index fund.
Most funds appreciate in value by about 7% a year on average ...
4
votes
2answers
131 views
Sources of international wire charges?
A person in China wire transferred X US Dollars (after fees & charges of the sending bank) to my Capital One 360 checking account in the US, and the amount I received was X-15 USD. When I contact ...
0
votes
1answer
42 views
Is PayPal's percentage fee applied before or after the flat fee?
For example: sending $100 at base US rates (2.9%, $0.30):
Fee is $0.30 + $2.8913 = $3.1913 (applying the % after the flat rate)
Fee is $2.90 + $0.30 = $3.20 (applying the % to the $ sent)
0
votes
0answers
194 views
Accountant didn't file my taxes!
The IRS issued me a fine for non-filing of returns. My accountant prepared my taxes, I e-signed them and he says he e-filed back when they were due but now he can't produce a confirmation number. I ...
0
votes
0answers
63 views
How to cash USD vouchers without paying more banking fees than sending a postal package containing cash?
I worked for a company based in the United States as part of a non-commercial activity (I mean the income is not taxable to the IRS and thus I can’t get an itin or ssn in order to open a bank account)....
4
votes
3answers
193 views
Is a “bookkeeping fee” normal for a 401k plan?
During my work years I had couple of 401 K plans with my employers. My current plan charges higher fees then any of previous plans. Recently there appeared one more so called "Bookkeeping fee" ...
5
votes
0answers
174 views
Estate agent wants to charge a large amount to change the contract
I live with two other people in a house share in the UK.
One is moving out, and the estate agent who handles the contract wants to charge us £300 for the pleasure of changing a name. We think this is ...
0
votes
1answer
98 views
Strategy for investing in ETFs with high brokerage fee
I've been investing in ETFs according to my strategy for almost a year; everything looks good but one thing bothers me.
My local stock exchange offers only three ETFs (tracking S&P, DAX and WIG20)....
0
votes
4answers
155 views
How do you make money after paying trading fees on a small account?
I have been using the Robinhood platform for my trades since there is no fee for a trade. I'd like to switch to something a little more feature rich but I just can't figure out how you all pay the ...
25
votes
7answers
14k views
Should I pay for a computer up-front or on finance?
This reads a bit like a home-work question, but this is actually my situation. The job I've taken is a BYOD (bring your own device), workplace and I prefer to use my own equipment.
I've just started ...
1
vote
1answer
174 views
Does PayPal working capital offer a good value?
I'd like to know how to determine if PayPal working capital is a good value. Their calculator can be found here: https://www.paypal.com/us/workingcapital/.
The way it works is the larger the gap ...
1
vote
1answer
425 views
Are the New York State Deferred Compensation Plan (NYSDCP) 457(b) Costs and Fees Comparable to Other Retirement Investment Options?
I'm considering enrolling in the NYSDCP and reviewed the administrative fees at:
https://www.nysdcp.com/tcm/nysdcp/static/fee_transparency.pdf?r=1
I'm trying to assess whether the fee schedule is ...
4
votes
1answer
91 views
What can I do with a HSA after I leave a HDHP
I have a HSA which I opened with a previous employer who offered a HDHP.
My new employer does not have a HDHP plan.
Because I'm no longer an employee with my previous employer, my HSA custodian (...
0
votes
1answer
40 views
Delivery fees on which value
Consider the following scenario:
I purchase 1 share of X at the price of 100 and another share at price 102.
On the same day, I sell 1 share at 104.
The remaining share is delivered to my demat ...
2
votes
1answer
80 views
Santander investment platform [closed]
Santander (the bank) offer an 'investment platform', where you can invest in various funds (albeit, a limited range) for a management fee.
Is this a reasonable provider to use? What are the pros and ...
1
vote
1answer
221 views
I may have made an ineligible contribution to a Roth IRA. What should I do?
Early this year (before mid-April) I received in excess of $11,000 in taxable inheritance income. The income was distributed from several annuities. I deposited $5,500 into a Roth IRA for the 2016 tax ...
1
vote
0answers
387 views
What are the fees on etoro? [closed]
I intend to use Etoro to try out a few strategies. I'll only use 200 dollars, the minimum.
However, what are the fees on Etoro? I know they make money via the spread, but what else will I have to pay?...
20
votes
3answers
5k views
What are reasonable fees for financial advice?
I'm currently looking for a fee-only financial advisor. About 15 years ago I met with someone who prepared a simple financial plan over a few hours; this cost me $300 and was among the best choices I ...
1
vote
1answer
84 views
What percentage of a trade should be fees?
What percentage of a trade should be fees? For example, if I know that the fees for a trade would be €10 then what should I invest overall to make it worth while?
0
votes
1answer
70 views
How do you find a fund to match a much higher fee fund in one's 401(k)?
I keep hearing about how it's really important to use low fee funds (especially those from Vanguard) in your 401(k) to avoid high fees, especially over the years.
I just have no idea how to identify ...
0
votes
2answers
57 views
How to model fees from trades on online platforms?
So stock exchanges like super trade or options express have thresholds for the way they price trades on their platform. So for instance, say for less than 100 trades it costs $17 per trade, and then ...
0
votes
1answer
76 views
Pennsylvania real estate - buyer agency contract
I'm buying a home and chosen a real estate agent and am now reviewing the buyer agency contract. One thing in particular about this contract has stood out to me. The buyer's commission is 3.5% stated ...
1
vote
1answer
183 views
My account was charged for not maintaining the minimum balance. What should I do next?
I had a salary account in a nationalised bank for my two months of summer internshi,p and then it got converted to a savings account. The minimum balance (monthly average balance) required was 10000 ...
4
votes
1answer
252 views
Can landlord/property change unit after approval and payment of fees?
My boyfriend and I are currently in the process of moving across the country, about 650 miles. On September 2nd we visited a property in the area we will be moving to and we really liked it. After ...
1
vote
1answer
94 views
Do incoming wire transfer fees include costs of handling the wire transfer?
I want to transfer money to my US bank account from my European bank account. US bank accounts have default fees (15USD in my case).
Usually, when sending an international wire transfer, one has the ...
7
votes
2answers
1k views
Passing credit cards fee onto the customer in the UK
A recent comment on this site suggests it's “it is illegal to sell goods at different prices depending on the payment method used” in the UK. Yet, all low-cost airlines in Europe seem to do it. In ...
2
votes
1answer
1k views
Why is a month to month fee listed on my 12-month apartment lease?
I'm currently in the process of signing an apartment lease. As I was going through the terms, I noticed this:
In addition to my "Rent Due Monthly" there is a listed "Month to Month fee". Now, my ...
16
votes
4answers
5k views
Does a savings/checking account sitting at $0 have any drawbacks?
I currently have a couple checking/savings accounts that are sitting at $0 because I found better accounts and switched banks for some reason or another, is it worth the time to try to close these ...
7
votes
1answer
229 views
Is it legal to charge others a fee if I handle their money for them unlicensed?
Let's say that a friend or two wants to give me x amount of dollars and asks me to invest in things. I charge them a fee or percentage even though I have no license to be a financial advisor or ...
13
votes
4answers
6k views
Getting Cash from Credit Card without Fees
I currently: Pay with a credit card, get my 3% cashback, and then pay off the credit card with my debit card.
What I would like to do is: Use a credit card (to get my 3% Cash back) to withdraw cash, ...
1
vote
1answer
4k views
Can we avoid international money transfer fees by using Venmo or Paypal?
I have clients in Turkey that send me money via international bank transfer. All banks have a swift code that is used for international transfers. The fees charged are in the 70 USD range for the ...
3
votes
1answer
278 views
Why are domestic wire transfers free in France but cost ~20 USD in the United States?
Domestic wire transfers are typically free in France: example (mirror).
Domestic wire transfers cost around 20 USD in the United States: see below for some examples, taken from nerdwallet (mirror)
...
11
votes
1answer
3k views
Should the bank cover money lost due to an unsuccessful transfer?
Recently I have transferred money from Deutsche Bank, Germany to Standard chartered Bank, India. My transaction was not successful due to an Indian Government policy change for demonetization. The ...
0
votes
1answer
59 views
Is the 0.3% French tax on French securities (including U.S ADR) applicable to sales as well?
Investors may get an unpleasant surprise when they invest in French stocks, even those listed overseas like U.S. The U.S ADRs of French companies are affected as well. There is a French Transaction ...
0
votes
1answer
32 views
Any extra fees charged by passive stock and bond ETFs on top of the standard fees?
Passive stock and bond ETFs charge a management fee which is quoted on their website. Are there hidden charges on top of this standard management fee that is not transparent? For example, are ...
1
vote
1answer
60 views
Cost to transfer money from IRA savings account to other investments or IRAs?
I currently have $5,500 invested in a Roth IRA savings account with an online bank. I am planning to contribute another $5,500 to the account soon.
The reason I am putting this money into an online ...
-2
votes
1answer
139 views
Penny Stock Dabbler [closed]
I'm a small penny stock investor. Is there anyway I can avoid losing 6-10% per trade? My current investment house has will be taking a 5% hit quarterly if left untouched.
0
votes
2answers
55 views
How does the market adjust for fees in ETPs?
I'm trying to understand how the market accounts for fees charged on exchange traded products.
For example, my understanding is that fees will cause an ETF to systematically underperform the ...
