Cost effective part needs to be looked into a little deeper, especially if you getting into some hedge funds. Portfolio manager was an ok way to go, you are right.

Take care and cheers

Guess all good things come to an end at some point.

Thanks for your comment. Thats very true about repackaging the same stuff

Glad to hear that the returns on your existing investment is doing good, its always a good idea to look for a fund manager with a good track record. Although past performance is not an indicator or guarantee for future results.

Check past history of the fund manager’s performance and compare with the benchmark (other similar funds). One fund manager may show profits in a given year and yet get fired, because his profits were the least as compared to the benchmark.

Take care and cheers and good luck on your investments.

It’s a common practice to repackage the same thing for different people and the marketing departments are just packaging it so it sells to these people, thats all.

About buying funds ourselves, we have changed that.

We used to buy and sell funds in the past but seriously, we neither have the right knowledge or passion in this arena. So We did something drastic last year, We park our funds with a fund manager with a good track record. So far the returns are looking good and we don’t have any headaches or heartaches anymore

Cheers
Karen

Thanks mate and I am glad you liked the post. Yep its the point “what makes it more fun to be rich than to be unrich”

Take care and cheers.

“That’s the whole point of being rich–it’s what makes it more fun to be rich than it is to be unrich.”

You said it loud and clear!

I can’t agree with you more!