As with any product or service, there are fees associated with investing. These fees can affect your portfolio both positively and negatively.
My hope is that by writing this column, I will help you see more clearly your current situation. Let's break down the good news and the bad news.
The good news: Never before has it been as cheap as it is now for good professional money management. The days of paying 2.5 percent to 5 percent for money management should be gone. The ability that investors have to find a terrific money manager for a small fee is better than ever.