Fees are inevitable in the financial industry. No one can be expected to work for nothing and there is nothing wrong with a business earning a profit. The question is “is it a fair profit”. One of the problems of the financial industry is that for too long the fees have been excessive.
As the stock market continues to roar on, many are blissfully unaware of sinkholes that are forming and surfacing. US companies are starting to feel the pain. Some are also feeling the ultimate pain – death!
