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How to pick your broker? (Investing from Belgium) [010]
Manage episode 393939893 series 3547253
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I know an investor who had to pay 70,000 euros in penalty fees because he was investing with the wrong broker. And his portfolio was worth less than 50,000 euros.
The broker you pick is a crucial part of your investment strategy. Getting the wrong broker could be very costly.
In this episode, we explain:
- why the cheapest broker is not always the best (it rarely is)
- the 4 key criteria for broker selection
- how you can select the perfect broker
- how to avoid beginner’s mistakes
You can also check the article on the same topic here: https://firebelgium.com/how-to-pick-your-broker/
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►► Index investing for beginners: create passive income from the stock market, without paying high fees to banks or advisors, taking unnecessary risks or spending all day analyzing the markets. Free Workshop → https://firebelgium.com/investingworkshop/
📝 Download the Beginner's Guide to Index Investing: https://bit.ly/FIREBGuide
🧑🏽🤝🧑Join the Belgium Financial Independence Community: https://www.facebook.com/groups/FIREBelgium/
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