Managed Funds Fund Managers

Discussion in 'Shares & Funds' started by Tropo, 4th Sep, 2014.

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  1. Tropo

    Tropo Well-Known Member

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    Tropo, 4th Sep, 2014
    #1
  2. JoeyC__

    JoeyC__ New Member

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    Is the situation similar in Australia compared to the UK - that fund managers are paid way above what the skill level actually is?
     
    JoeyC__, 28th Sep, 2014
    #2
  3. Tropo

    Tropo Well-Known Member

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    Similar or even worse !
     
    Tropo, 28th Sep, 2014
    #3
  4. JoeyC__

    JoeyC__ New Member

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    Is the takeaway that managed funds make for a crappy investment or is there a subtle message I am missing here?
     
    JoeyC__, 4th Oct, 2014
    #4
  5. Tropo

    Tropo Well-Known Member

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    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.
     
    Tropo, 5th Oct, 2014
    #5
  6. JoeyC__

    JoeyC__ New Member

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    What do you suggest as an alternative? Direct property investment? Direct public company investment?
     
    JoeyC__, 5th Oct, 2014
    #6
  7. Tropo

    Tropo Well-Known Member

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    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 !!
     
    Tropo, 6th Oct, 2014
    #7
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