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

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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