Is this a good deal?
Its a team managed service that invests your money for you based on your risk criteria. I think I'm paying 0.9% total portfolio value per year to have them invest/manage on my behalf. I'm showing a 40% increase since I started last year.
Any comments on these managed portfolio services?
I noted that a lot of funds (as an alternative) have fund management fees so they cost also.
Edit: My allocation is strictly large cap stocks and NO index funds. One benefit I didn't highlight in my original post was that they perform tax-loss harvesting.
We are being offered this product via our financial advisor as an 'industry only' investment but I'm not too sure if it's really a good deal once all the fees are broken down, what do you think? Considering initially putting in 20K and borrowing 80K. I guess thats pretty high leverage for shares?
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80% loan with no margin calls for ten years, loan is provide through BT (investment arm of Westpac Australia’s 2nd largest bank) -
Discounted interest rate -
Underlying asset is a portfolio of the biggest 20 stocks on the ASX -
Dividends can be paid out to your bank account each month or reinvested. You can change this option whenever you like -
Financial advisory company charges $660 to set this up and $77 per month ongoing. -
No lock in period, sell out whenever you want, no exit fees apply -
Loan amount is anything from $50k to $500k based on credit approval
From what I understand the fund managers also charge 0.48% p.a. plus some other small fees. My other option was putting the 20K into ETFs but I guess don't get the same leverage there...
I want a cool pattern on my laptop login but when I text people I want them to see a picture of me so they remember who I am easier. Are these mutually exclusive? First Mac, thank you 🙏
Update: all of this occurred with the same 3 securities, I keep hearing that this wash sale rule will apply but I’m also hearing that it won’t apply because I “netted out” and it all happened before the beginning of the new year
My VRV account says: "You’re currently paying separately for both Crunchyroll Premium and VRV Premium. This means you’re being charged twice. Cancel your Crunchyroll Premium plan. Account linking will share Premium status across both services automatically."
Well, I cannot seem to find where on my Crunchyroll.com account the "Cancel Premium Membership" button.
Even my bank statement confirms that I got charged twice. Someone please help me find where the "Cancel Premium Membership" button for for Crunchyroll.com is. After I do so, would or should this let me keep both accounts linked but I only get billed once a month?
I.e. family has multiple phones, does each phone need to be managed by its own account?
Or is it literally just a copy of the main card but with a different name printed on it
Hello to all, I would like to know your opinion. Do you think it’s best to keep an Abstract Art Painting and Photography instagram account separately or is it better if we sync it in 1 account?
@odette.photo & @art.byodette
