When Fees Destroy Diversification

When Fees Destroy Diversification

Diversification is said to be the only free lunch in investing, but that’s not entirely true because the extra fees associated with more exotic asset classes frequently offset the benefits of otherwise attractive diversifiers.

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I’ve been wanting to start a blog ever since I read Barry Ritholtz’s The Big Picture and I’m excited to finally get my chance to have my own.

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Peter Lazaroff, CFA, CFP® is Plancorp’s Chief Investment Officer, a financial advisor, speaker, and author of the book Making Money Simple.

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