Posted on 01 March, 2012
Don’t be the ignorant investor who lets his mutual fund companies make out better than he does.
Posted on 13 March, 2011
One would think that the collapse of worldwide markets would have provided a wake-up call to governments and investors across the country. And yet, as a Portfolio Manager for private wealth individuals in Canada, I come across many intelligent and sophisticated individuals who have little if any clue as to their all-in management fees with their current adviser. Truth be told, one often needs a forensic scientist to discover how much their investment adviser really earns from managing your money.
Posted on 09 January, 2010
Paying someone to invest your money in mutual funds is akin to paying someone to pump gas into your automobile. You used to do so years ago, but in this era, very few any longer see value added in doing so. In a large way, mutual funds have outlived much of their usefulness.
Posted on 25 December, 2009
If you see the letters ‘DSC’ next to a mutual fund that you own, you can rest assured that you are getting hosed…’DSC’ refers to Deferred Sales Charges — fees that an investor has to pay over and above the mutual fund’s management fee…