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21% of investors don’t think they pay investing-related fees. Here’s why they’re wrong — and how it costs them

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Damircudic | E+ | Getty Images More than a fifth of investors don't think they pay any fees for their investment accounts, an industry survey has found. Most of them, however, are likely wrong — and that knowledge gap could cost them big money in the long term. To that point, 21% of people said they don't pay fees to invest in non-retirement accounts, according to the Investors in the United States: The Changing Landscape survey conducted by the Financial Industry Regulatory Authority Investor Education Foundation. That share is up from 14% in 2018, the last time FINRA, a self-regulatory organization that regulates member brokerage firms and exchange markets, conducted its national investor poll. An additional 17% of invest ors in the recent poll said they didn't know how much they paid in fees. More from Personal Finance: 5 money moves for financial success in the new year 63% of Americans living paycheck to paycheck Most employers offer a Roth 401(k). Here's who m...

From $250,000 to $10,000 price calls: How market watchers got it wrong with bitcoin in 2022

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In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchange FTX. Jonathan Raa | Nurphoto | Getty Images 2022 marked the start of a new "crypto winter," with high-profile companies collapsing across the board and prices of digital currencies crashing spectacularly. The events of the year took many investors by surprise and made the task of predicting bitcoin's price that much harder. The crypto market was awash with pundits making feverish calls about where bitcoin was heading next. They were often positive, though a few correctly forecast the cryptocurrency sinking below $20,000 a coin. But many market watchers were caught off guard in what has been a tumultuous year for crypto, with high-profile company and project failures sending shock waves across the indust...

21% of investors don’t think they pay investing-related fees. Here’s why they’re wrong — and how it costs them

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Damircudic | E+ | Getty Images More than a fifth of investors don't think they pay any fees for their investment accounts, an industry survey has found. Most of them, however, are likely wrong — and that knowledge gap could cost them big money in the long term. To that point, 21% of people said they don't pay fees to invest in non-retirement accounts, according to the Investors in the United States: The Changing Landscape survey conducted by the Financial Industry Regulatory Authority Investor Education Foundation. That share is up from 14% in 2018, the last time FINRA, a self-regulatory organization that regulates member brokerage firms and exchange markets, conducted its national investor poll. An additional 17% of invest ors in the recent poll said they didn't know how much they paid in fees. More from Personal Finance: 5 money moves for financial success in the new year 63% of Americans living paycheck to paycheck Most employers offer a Roth 401(k). Here's who m...