28 June 2012

Investment fees can cut returns by up to one third

While most investors tend to look at performance and try to catch the next hot trend here is a healthy reminder that the aspect of fees that are charged by investment managers and related service providers should not be neglected (CNBC). When up to one third of the investment returns (or in the worst case of zero or negative performance one third of original  investment) can be be lost in these expenses we are talking about serious money and careful monitoring is essential for investment survival.

27 June 2012

Minneapolis Doctor is defrauded in $7 Million Scam

Just another example illustrating that due diligence is essential when selecting a money manager. Full Story here (StarTribune)

5 June 2012

Why is your Financial Adviser offering 'Alternatives'?

When being offered any financial product investors should always make sure that they really understand them and are not swayed by the sales pitch they get from a financial adviser. While the inherent risks in any product should be the main consideration there is also a need to have a good look at any fees associated with the product.