Tuesday, September 20, 2011
Don't be a fees patsy
There are good arguments on both sides of the active vs. passive management debate. At Inveska we don't adhere to one side or the other, but we do want you to get the best value out of your investments. Evaluate closely all the fees you pay to ensure you are not paying for something other people get for free. Edward Siedle at Forbes framed it nicely when he wrote, "Remember that a Timex tells better time than a Rolex; a Toyota Corolla is more reliable that a Rolls Royce and a low cost index fund almost always performs better than more costly alternatives."