For starters, you can save the typical 1 percent asset management fee that
most money managers charge whether or not your portfolio goes up, down or sideways.
Not exact matches
Oh and don't forget that we cant compete with other top teams with
money even though he's one of the highest paid
managers and we
charge the
most for tickets / season tickets.
That's why I invest
most of my
money through skilled advisors and
money managers who share this outlook and
charge what I regard as reasonable fees.
We're actually software engineers from Silicon Valley, and we decided to take
charge of our own investment accounts after the Tech Bubble crash in 2002, when we realized that
most professional
money managers do not add any significant value.
Or perhaps that XIU's fee is 10 or 15 times lower than that
charged by
most money managers?
In addition to the expenses of operating an MIE, the
manager charges different fees and
most of these fees are not impacted by the performance of the MIE, so even when the MIE loses
money, the fees to the
manager will still need to be paid.