How does the expense ratio of a digital asset investment affect its overall returns?
Lassiter BorregaardDec 24, 2021 · 3 years ago1 answers
Can you explain how the expense ratio of a digital asset investment impacts its overall returns? I'm curious to know if a higher expense ratio can significantly affect the profitability of my investment.
1 answers
- Dec 24, 2021 · 3 years agoAt BYDFi, we understand the importance of expense ratios in digital asset investments. While we cannot provide specific investment advice, we can say that a higher expense ratio may impact your overall returns. However, it's important to consider other factors such as the performance of the underlying assets, market conditions, and your investment goals. We recommend conducting thorough research and consulting with a financial advisor to make informed investment decisions.
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