The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we're going to talk about the impact of fees and taxes on investing performance. The impact of fees and taxes on your investing performance is so great that I don't think people really take the time to understand how much control you have in many cases, over fees and taxes and how cutting these and reducing fees and taxes before you do anything else can make some of the biggest differences in your returns over time. Now, we've all seen the charts of the investor’s portfolio that grew for 30 years with an advisor fee or without an advisor fee or with a hedge fund fee or without a hedge fund fee and we know the impact of fees over time. But we don't still understand how much we’re paying in fees because many times as we’ve said before, fees are hidden in products that we are trading or products that we’re investing in. In particular, the mutual fund space is very good about hiding the fees that they’re charging an