Fees, nobody likes them. Everywhere in life these dreaded additional costs follow us around, from the additional charges on your hydro bill, to environmental fees when you buy a laptop, and of course the banks hitting you with a multitude of fees.

When it comes to your investment portfolio your ultimate goal is to grow your money. However, the costs associated to your choice of investments may very well be eating away at your potential growth and eroding your chances of achieving a positive return. Think of fees as a loss on your investment. Your investments must grow enough during the year to cover this fee just so you can break even for the year. The higher your investment fees, the harder it is to grow your money over the long-term.