Term
Fee
What a bank, fund or app charges you for managing your money, usually a percentage per year. Small-looking fees compound against you over decades.
In pesos: A 2% annual fee on $100,000 MXN is $2,000 a year; over 20 years it quietly takes about a third of what you would have ended with, and over 30 more than four pesos out of every ten.
Where to go deeper
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Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.