The Toilet Paper Portfolio
Tags: Finance · Investing · Education
Question: does a 1% AUM fee really flush your retirement away? On Twitter the AUM fee debate rages, but Michael Kitces' takedown changed my view. Using the Toilet Paper Portfolio I show why Ramit Sethi style opportunity cost math misleads. I explain invisible ROI, tax alpha, behavioral insurance and DIY investing pitfalls, and when to call a financial advisor.
Rolly's Take
For the discerning investor who knows that numbers tell only part of the story. They navigate the intricate dance between value and cost, seeking clarity in the chaos of financial debates, and yearn for insights that challenge conventional wisdom. Embracing both the art and science of money, they find a thoughtful guide through the noise, illuminating the unseen complexities of their financial journey.