Are Low Investment Costs The Key For American Expats

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Jeri Hurd is a school librarian at the Western Academy of Beijing.

Last year, she wanted to invest some money. Her school introduced her to a European based investment company, The Alexander Beard Group.

But after sitting down with one of their advisors, she wondered if the fees were too high. Foreign investment firms cost a lot more than they do in the United States.

Investors with Alexander Beard pay a $500 start up fee.

Investors then pay a 5 percent sales commission. This means for every $1000 invested, you lose $50 right away.

Investors pay an additional 1.5 percent of their portfolio’s value each year.

Image courtesy of pixabay.com

Read the rest of my article at AssetBuilder







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andrew hallam

andrew hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (Wiley 2011) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use.

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