SOMETHING FOR THE WEEKEND
Each Friday I’ll be sharing with you my reads of the week. The 3rd Ashes Test Match is already over, so what better way to while away the first weekend in August?
Here in Blighty..
How low can they go? UK tracker fees are racing towards zero (Monevator)
Better late than never, the UK Government acts on predatory exit charges (Guardian)
Obscenely well-paid fund manager finally succumbs to mean reversion (FT)
Decades behind our American cousins, we Brits are getting the Bogle bug (Telegraph)
Across the pond..
For better or worse, the trend in the US is towards DIY investing (ThinkAdvisor)
Research
Factor investing is fine.. IF you can stomach the additional risk (FT)
Guesswork
Speculating is hard enough. Speculating on speculation? Forget it (Jonathan Clements)
Beware market gurus. They can seriously damage your wealth (ETF.com)
Funds
99.3% of ETFs are a waste of space (ETF Reference)
The worst fund in the world is.. an index fund (Fund Reference)
And finally, if you’re looking for a financial adviser, read these first..
20 people you don’t want managing your money
Don’t ask anyone for stock tips – least of all your adviser (Wall Street Journal)
Top 10 list of when not to invest (Rick Ferri)
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