Discussion in 'Managed Funds & Index Funds' started by Tropo, 4th Sep, 2014.
Is the situation similar in Australia compared to the UK - that fund managers are paid way above what the skill level actually is?
Similar or even worse !
Is the takeaway that managed funds make for a crappy investment or is there a subtle message I am missing here?
Why don't you compare Managed Funds (incl. Super Funds) last 10+years return?
If you subtract fees, tax etc...you may discover that you are wasting your time and money.
What do you suggest as an alternative? Direct property investment? Direct public company investment?
Anything you are comfortable with and you understand from the beginning to the end.
Avoid all kind of "gurus" like financial advisers, stockbrokers, fund managers etc...
Unfortunately, if you cannot make money for yourself - nobody will do it on your behalf !!
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