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Are you making this investing mistake!? #money #investing ... - TikTok

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Script ID #235
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I invested $5,000 a year and my money grew at 10% a year and now I have $1,796,070. What happened to the other $462,000? The what? The extra $462,000 you should have made. I also invested $5,000 a year and my money grew at 10% per year but I have $2,258,573. How's that possible? How was your financial advisor able to make you so much more money? Oh, I didn't have a financial advisor at all. What? I used wealthfront instead of a human advisor. While you paid 1% to them a year to manage your money, wealthfront charged me 0.25% annually. And since my portfolio was being managed by software, they also helped me save money on taxes through tax loss harvesting all 40 years. 0.75% may not seem like a lot but over time those small differences led to me making almost half a million dollars more than you. Why didn't you tell me sooner? I would have switched. It's not too late for you though. Type in the URL or check out the link in my bio and you'll get a $20 bonus just for signing up and funding your first taxable investment account.