Questions tagged [fees]
generic tag to be used for questions related to fees. Ideally to be accompanied by other subject tags
0
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1answer
18 views
How is the “Hurdle Rate” of the Hedge Fund determined?
I understand that "High Water Mark" is the highest NAV value that the Hedge Fund has ever reached, and therefore, the threshold NAV value of the Hedge Fund in question needed in order for the Hedge ...
0
votes
1answer
78 views
Selling A Car Anonymously
Is it ever legal for me to sell a car to someone by just signing my name and
dating the title, such that the buyer's information is completely blank?
To be clear, the title itself is legal, clean, and ...
0
votes
1answer
129 views
What does “accredited to you” mean in the email I received?
What does "accredited to you" mean in the following sentence:
Our first 15 minutes of consultation is at no charge, and beyond that time there will be a charge of $210 that could be accredited to you ...
0
votes
0answers
27 views
Is there an interchange fee for ATM withdraws? How does that compare to standrad Credit Card purchases
First, please note that I am not asking about how this impacts my personal finances.
I would like to know the difference between fees going to VISA/MC and banks when using a debit card for ATM ...
1
vote
2answers
46 views
Math for Portfolio Value Net of Fees
I'm looking to do a pretty basic Finance 101-type calculation to compare final portfolio values given varying fees.
Let's say I start with a $50,000 portfolio. It's invested in a fund that returns 7%...
1
vote
2answers
97 views
How to efficiently invest in ETFs with a monthly contribution?
I am confused when it comes to ETFs. Many state that their main advantage is that they are low cost. I understand that they are traded as stocks. I want to invest my money in 3 index ETFs (USA, ...
0
votes
2answers
72 views
Calculating the ETF cost?
Let's say I invest 1000 USD in an ETF.
Over the 10 year period, the shares had 5% annualized gain, meaning the value of my investment would be 1630 USD. However, I didn't take into account ETF fees.
...
4
votes
1answer
128 views
Entry/exit fees for ETFs, do I need to care?
I'm saving for my retirement, partly by buying ETFs. One of these ETFs is Amundi Msci Eastern Europe EX Russia. At the corresponding Bloomberg site, I found some information that confused me:
Front ...
4
votes
1answer
118 views
Why does my bank not charge a fee for small amounts?
I work abroad in a SEPA country and send money to my non-SEPA home country regularly. In the foreign country I have a euro bank account and in the home country - a non-euro bank account.
My foreign ...
4
votes
2answers
202 views
Why are international money transfer services so weird? [closed]
I've read this question:
Looking for cheap international bank to bank transfer in USD
and noticed several factual claims:
A "standard international wire transfer" costs $40 USD, a huge fee.
It's ...
3
votes
2answers
146 views
why would I pay for front-end or back-end fees?
These days, many mutual funds from large asset managers such as etrade, Schwab or Vanguard offer no fee for mutual fund buy/sell.
So why would I pay for front-end or back-end fees to purchase/sell a ...
3
votes
1answer
179 views
Can a business be charged up to 65% to process credit cards? [closed]
Today I had a service call to get my washing machine working. (The problem turned out to be the lid switch had failed mid-cycle.) When I called for service, the gentleman told me that they don't take ...
1
vote
1answer
78 views
In a loan, how does account/admin fees work? [closed]
For a loan, how does monthly/yearly account fees work? Do they get added to the loan balance and will then affect the interest?
4
votes
1answer
133 views
Why are the investment options in a 401(k) so limited?
Why is it that with my IRA I can buy individual stocks, ETF's, mutual funds, etc yet in my 401(k) plan I am limited to select funds? Luckily the funds I have to choose from are decent but I can't ...
0
votes
1answer
34 views
Can I trade US securities from international non US broker?
I was wondering about what are the advantages/disadvantages of trading US stocks on the American Stock Exchange from a non US broker versus trading the same US stocks on a non US stock exchange from a ...
1
vote
2answers
51 views
Spreads on taker-maker exchange
Intuitively, I feel that, for a given stock traded on 2 exchanges with different price structure (i.e., exchange A is maker-taker, exchange B is taker-maker), the spread should be wider on exchange B (...
0
votes
1answer
43 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
76 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
1answer
71 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
113 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
177 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 ...
3
votes
2answers
286 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
113 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
190 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
342 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
88 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
246 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
136 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
43 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
244 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 ...
-1
votes
1answer
152 views
How to cash ACH vouchers to my French account 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
217 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" ...
7
votes
2answers
306 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
104 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
161 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
15k 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
227 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
736 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
118 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
42 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
84 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
243 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 ...
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
86 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
72 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
58 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
97 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 ...
0
votes
1answer
236 views
My account was charged for not maintaining the minimum balance. What should I do next?
I had a salary account in a nationalized bank for my two months of summer internship and then it got converted to a savings account. The minimum balance (monthly average balance) required was 10000 ...
