Beware the Hidden Costs of Mutual Funds

The fees you may not even know you're paying can be hazardous to your investment health.

Your financial portfolio probably looks like alphabet soup, chock-full of investments you probably know little about. Some of those investments—I'm thinking mutual funds here—may not even be beneficial to you.

Yes, you read that right. This financial guy is about to drop a bomb on you about your mutual funds and how they aren't the great deal for your bottom line that you thought.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Andrew M. Costa
Managing Director and Co-Founder, Global Wealth Management

Andrew M. Costa is managing director and co-founder of Global Wealth Management in Fort Lauderdale. He is co-host of The Global Wealth Show, a financial radio show on 610 WIOD and iheartradio.com. Costa, a recognized professional in the investment management business, also has provided financial insight in "The Wall Street Journal," "USA Today" and "Newsweek," and has appeared on CBS, NBC, ABC and Fox.