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Old 12-21-2005, 08:42 AM
AceHigh AceHigh is offline
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Join Date: Sep 2002
Posts: 2,535
Default Re: Evaluating Managed Funds

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I am in investment advisor, and as I mentioned in another thread, I feel strongly about passive, non-forecasting investments strategies.

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It may be your job to convince people of this, that doesn't make it true. It's only difficult to beat the S&P because you guys are too busy charging fees.

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The mutual funds are worse.

The guy gives good advice and you don't need an investment advisor to implement his advice.



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I thought he meant mutual funds with his advice. I'm not against financial advisors per se, but some of them are quacks who take there fees then recommend mutual funds that charge fees/loads and you end up being better off buying bonds or something.

I guess I'm still bitter from my personal experience [img]/images/graemlins/mad.gif[/img]
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