Negate expense in EGT

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Aug 6th, 2022
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How to negate expense in EGT

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hi and welcome back to my channel I wanted to talk about a negative cash flow let me explain first of all what a negative cash flow would look like so if you made two thousand dollars a month and this was your income then you have expenses like you have 500 in rent you have a 200 in a credit card number one you have 250 and credit card number two you have your utilities then uh if we said they could be letamp;#39;s say a thousand dollars in your expenses and that being you know um your car payments your household expenses whatever your expensive expenses are with your Utilities phone bills um gas you know car insurance those are your expenses so of course we would need a list of these but then if you had a car payment that was 300 a month as well then we would look at what your cash flow is let me just pull up my trusting calculator here so I can see what Iamp;#39;ve added 500 plus 200 plus 250 1000 300 perfect okay so our example shows us that we have 20 to 50. in expenses total exp

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A fund with a high expense ratio could cost you 10 times maybe more what you might otherwise pay. Typically, any expense ratio higher than one percent is high and should be avoided. Over an investing career, a low expense ratio could easily save you tens of thousands of dollars, if not more.
For a typical 401(k) plan, the expense ratio should be no higher than 2% and more likely in the 1.0% to 1.5% range. The lower the expense ratio the better, with higher fees eating into profits.
Several factors dictate whether an expense ratio is deemed high or low. For investors, an ideal expense ratio ranges from 0.5% to 0.75% for actively managed portfolios. Anything exceeding 1.5% is generally regarded as high.
Key takeaways Many companies offer 401(k) plans to encourage employees to save for retirement. Some even match contributions you make yourself. Aim to save at least 15% of your pretax income each year for retirement (including employer contributions). This can be in a 401(k) or another retirement account.
401(k) fees can range between 0.5% and 2% or even higher, based on the size of an employers 401(k) plan, how many people are participating in the plan, and which provider is offering the plan. The average annual fee charged by most funds is 1%, ing to the Center for American Progress.
The expense ratio is an important factor that can impact your mutual fund returns. A higher expense ratio means that a larger portion of your returns will be deducted as fees, thereby reducing your overall returns. On the other hand, a lower expense ratio can help you maximise your returns.
A good expense ratio will be determined by a variety of factors, such as if the fund is actively managed or passively managed. Generally, for an actively managed fund, good expense ratios range between 0.5% and 0.75%. Anything above 1.5% is considered high.
A reasonable expense ratio for an actively managed portfolio is about 0.5% to 0.75%, while an expense ratio greater than 1.5% is typically considered high these days.

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