Vanguard Wrap-Around Fee vs. Average Wrap-Around Fee
The average wrap-around fee for a dedicated stock broker typically ranges from about 1% to 3% of the assets under management (AUM) annually. These fees are comprehensive, covering most of the administrative, management, and operational costs associated with an investment account. The actual percentage can vary based on several factors, including the amount of assets…
Why Wrap-Around Fees Matter
Denton: Assuming an investment portfolio well-diversified in stocks and bonds, with the initial investment of $1,000,000, compare the savings of a .3% wrap-around fee vs. a 3% wrap-around fee. ChatGPT 4o: To compare the impact of a 0.3% wrap-around fee versus a 3% wrap-around fee on an investment portfolio, let’s break down the potential effects…
Maslow’s Hierarchy of Needs
Maslow’s Hierarchy of Needs consists of five levels of needs, which are arranged in a hierarchical structure. These needs are typically depicted in a pyramid, with the most fundamental needs at the base and the higher-level needs at the top. The five levels are: Maslow later suggested a sixth level called Self-Transcendence, which involves helping…
5.27 Yield, Enjoy It While It Lasts
No Kill Advocacy Center Response
Intervention Update
My first conversation with ChatGPT 4o on my iPhone.
I wanted to mark this date and time, 5/17/24 10:40 a.m. as the first time I used the ChatGPT App on my iPhone to have a verbal conversation with ChatGPT 4o. I believe this technology will change everything. I just wanted to make a note of it like a journal entry. This moment is similar…