Nothing marks the beginning of the year like RRSP season and a plethora of mutual fund ads boasting performance with imagery that suggests you could be sailing a fancy yacht as a youthful retiree.
Don’t get me wrong, the possibility of excellent investment performance and becoming the captain of your own expensive yacht sounds great, but many of these ads overlook the significance of the fees associated with mutual fund investments. It suggests to me that companies that don’t emphasize the competitiveness of their fees have something to hide.
You may have heard a few years ago that a study . . . [more]