How important are purchase fees for your long term investments?

  • Thread starter Thread starter /u/ItsJustMeHeer
  • Start date Start date


I know that for example ETF management % you pay is crucial for the long term. But what about things like:

  • fee for currency exchange (I'm from European country with no euro, so pretty much applies to any ETF I purchase),

  • fee for buying an instrument (usually something around 0.2-0.3% one time fee, but again this often has a minimum price, meaning you'd need to only make purchases around 1-2k$ so that it's really the % and not fixed price),

  • fee for holding your instruments - I don't even know what it's called, basically some banks (and I'm talking about banks here because only some provide an option for tax-free investing for retirement, there are very limited options when it comes to that in my country) take like 0.00X% of your assets worth every year.

Are there any other common fees? I'm trying to pick an institution for investing for retirement and considering which expenses to prioritize given the limited options.

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