I realized some time ago that, while there are really, really high quality schools in urban India - my daughter attends one - there are very few high quality schools in rural India. And that is mostly because of the perception that there are not enough people to pay a reasonable fee in rural India.
Why would you want to invest with a guy whose thought process says, "If a second layer of fees is good, then let's add a third layer.
Charging a fee for an online service is a good way to lose 90 percent of your customers.
Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can't negotiate or control them. They've tried, but they have no leverage against the big banks and issuers. So they get ignored.
American businesses and consumers deserve a debit card system with competition, transparency, and reasonable fees.
First, I charge a retainer; then I charge a reminder; next I charge a refresher; and then I charge a finisher.
Without question, the notion of the doctor as a legitimate fee-for-service entrepreneur, making his fortune from misfortunes of his patients, is old-fashioned, distasteful, and doomed.
The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your plan and you see that they're all charging 1.5 and 2 percent,you've gota bad plan.
The matter of fees is important, far beyond the mere question of bread and butter involved. Properly attended to, fuller justice is done to both lawyer and client.
I charge by the hour, or I am on a retainer. We try to work with the client.
As a general rule never take your whole fee in advance, nor any more than a small retainer. When fully paid beforehand, you are more than a common mortal if you can feel the same interest in the case, as if something was still in prospect for you, as well as for your client.
We have moved from treating funds as investment trusts designed to serve their owner-beneficiaries to treating funds as consumer products, designed to attract the largest possible assets. This new approach has ill-served the interests of fund shareholders.
