Investing can be a great way to grow your wealth over time, but it’s important to understand the various fees and commissions that come with it. In this article, we will explore the different types of fees and commissions that investors may encounter, how they impact investment returns, and some strategies for minimizing their impact. Types of Fees When investing in the stock market, there are several types of fees that investors may incur. The most common types of fees include: 1. Management Fees: These are fees that are charged by the investment manager for managing the investment portfolio. Management fees are typically charged as a percentage of assets under management and can vary depending on the investment strategy being employed. 2. Expense Ratios: Expense ratios are fees charged by mutual funds and exchange-traded funds (ETFs) to cover the costs of operating the fund. Expense ratios are expressed as a percentage of the fund’s assets and can have a significant […]