Investment Fees, Taxes, and Long-Term Returns

Teach the complete NIC lesson, incorporating selected material from Financial Fitness for Life, Lesson 7, Exercise 7.3. Students calculate the long-term effects of differing expense ratios, distinguish dividends from realized capital gains, compare short- and long-term tax treatment, and examine tax-advantaged retirement accounts and basic tax-loss harvesting. Conclude with an applied scenario evaluating how fees and taxes affect an investor’s net return