I always knew investment costs were high but I was surprised at how high. Without any advisor fees, many “low-cost” options are well north of 1.50% (ex VAT) per annum. If we add advisor fees and then add platform fees the costs become very concerning. Cost ratios of 3% and above are not unheard of.

I love dividends. I like portfolios with a dividend yield of 4% to 5%. If I subtract costs of 3%, then I am left with practically nothing. I am not happy...