tag:blogger.com,1999:blog-5465015914589377788.post3853084786170803506..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: MERQ is Too Extreme to be BelievableMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-5465015914589377788.post-5276007535446864112016-11-02T16:24:42.546-04:002016-11-02T16:24:42.546-04:00This has always been my favorite calculator to cle...This has always been my favorite calculator to clearly show this to anyone who wants to see this..<br /><br />http://wheredoesallmymoneygo.com/detailed-breakdown-of-the-real-impact-of-mers-on-an-investment-portfolio-over-time/<br /><br />good luckpaulhttps://www.blogger.com/profile/00050081178673700867noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-12348914514999544992016-11-02T15:43:06.923-04:002016-11-02T15:43:06.923-04:00@David: A quick search for "MER calculator&q...@David: A quick search for "MER calculator" turned up <br /><br />http://saviifinancial.com/seg-funds/m-e-r-fee-calculator/<br /><br />This one seems easier to use than the others I looked at.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-56379516556986138962016-11-02T15:39:00.237-04:002016-11-02T15:39:00.237-04:00I've tried, in vain, to argue with friends as ...I've tried, in vain, to argue with friends as to how expensive their investments are. Is there a calculator somewhere which enables me to demonstrate to them the effect of a MER of x over y years?<br />David<br />Davidhttps://www.blogger.com/profile/17299888955972982665noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-66189482770036834702012-02-12T13:12:45.628-05:002012-02-12T13:12:45.628-05:00I think this is a great idea!! The costs over time...I think this is a great idea!! The costs over time are huge!Kanwal Saraihttp://www.simplyinvesting.com/blog/noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-65136376944900807232012-02-09T11:34:19.708-05:002012-02-09T11:34:19.708-05:00@Paul: You're on the right track talking abou...@Paul: You're on the right track talking about legislation because it won't happen voluntarily. I've made my pitch to replace MER with MERQ and I'll probably keep trying.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-49605687213585119662012-02-09T11:30:36.783-05:002012-02-09T11:30:36.783-05:00I have had many "discussions on the phone wit...I have had many "discussions on the phone with Great west life on how they should show what actual growth I have with the money I have invested with them, as well as the money THEY have made off the money I have invested with them. <br />There should be legislation forcing all fund companies to disclose that as running cumlative totals very clearly on the statements.<br /><br />They certainly have a lot of reasons why they can't do it when you ask.paulhttps://www.blogger.com/profile/00050081178673700867noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-5793967145128817602012-02-09T11:21:50.481-05:002012-02-09T11:21:50.481-05:00@Anonymous: Thanks for the kind words.
@Mike: I...@Anonymous: Thanks for the kind words.<br /><br />@Mike: It would be fun to apply MERQ to some O'Leary funds while making a pitch on Dragon's Den.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-84369415483877525892012-02-09T10:32:36.968-05:002012-02-09T10:32:36.968-05:00I think you should present it on Dragon's Den....I think you should present it on Dragon's Den.<br /><br />You probably won't get a deal, but at least it will get some publicity.Mike Holmanhttp://www.moneysmartsblog.comnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-10683267671415302762012-02-09T09:23:00.410-05:002012-02-09T09:23:00.410-05:00@Dan: Don't give away my secrets. I'm pl...@Dan: Don't give away my secrets. I'm planning to sell the copyright on MERQ to Investors Group and sell an improved electric car design to Exxon.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-35864943500529823842012-02-09T09:12:33.251-05:002012-02-09T09:12:33.251-05:00Nice analysis.
This is actually what first drove ...Nice analysis.<br /><br />This is actually what first drove home the importance of low-cost investing for me several years ago. Someone presented a table of figures showing the effect of two percentage points of MER over a 30-year investment lifetime. As you point out, it's staggering.<br /><br />Perhaps you should approach Investors Group about licensing the idea for their marketing material?Canadian Couch Potatohttp://canadiancouchpotato.comnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-74644522491347408792012-02-09T07:28:51.788-05:002012-02-09T07:28:51.788-05:00Well done Michael! One of your best ideas!Well done Michael! One of your best ideas!Anonymousnoreply@blogger.com