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Puppies Puppies (Jade Kuriki-Olivo) on transition, retrospection, and a year of protest
artforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artforum.com Daily Mail and Mail on Sunday newspapers.
Puppies Puppies (Jade Kuriki-Olivo) on transition, retrospection, and year of protest
artforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artforum.com Daily Mail and Mail on Sunday newspapers.
Survey finds investors don’t understand or prioritise costs
Survey finds investors don’t understand or prioritise costs
A new survey has found that investors do not fully understand, or are not prioritising, costs when evaluating investments.
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The survey, conducted by State Street, found that comprehension of investment fees is low even when working with an adviser, with 47 per cent (nearly half of those who took the survey) believing that the management costs of investments such as ETFs are already included in the fee.
The US financial services company suggests there is a lack of understanding about what diversification means; 85 per cent agreed that “a well-diversified portfolio is one with a variety of investments that reduce stock market risk,” while 55 per cent incorrectly said, “a well-diversified portfolio is having investments in a variety of accounts at different firms or investment platforms.
Many Investors Get It Wrong When It Comes to the Fees They Pay, Survey Shows
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In August 1997, on her first day of clinical rotations as a medical student in New York City, Brie Williams, MD, sat down at the bedside of a young woman. The patient lay on her back, a blanket pulled up to her neck. Staring at the ceiling, she answered Williamsâs questions with curt, one-word replies. Finally, Williams asked the woman to sit up so she could examine her.Â
âNo.â
Williams froze. Had she done something wrong? She fidgeted silently, at a loss for words, until at last the woman said, âWhy donât you ask me why I canât sit up?â