When looking for the best MPF schemes, either as an as an employer of Hong Kong employees, or as an employee rolling over funds from an old job, the two most important factors to look for are: Low expenses Diversified fund choices It is important to note that it is usually not wise to choose […]
Some free advice is worth every penny you pay for it, but free financial advice (like free medical or legal advice) often ends up costing more than most fees. Clearly, I don’t believe all free financial advice is bad, as I often share it myself in at least two ways: A. When the advice is […]
Here’s one illustration I often based on our fee structure of zero management fee + 25% quarterly performance fee, assuming the account is worth $100 on December 31st. All the below illustrations assume you did not deposit or withdraw any money from the account over the course of the year, and are for illustration purposes […]
More than almost anything else, I believe the financial services industry needs greater price literacy and price transparency. In almost any other business, customers are used to looking at and comparing the prices of the goods they buy from a store or website and the services they buy from a tax preparer or hairdresser, but […]
What is the big difference between investing with GFM vs investing with any of the other financial advisors and brokers in the large financial services industry? This was the question I aimed to answer in a single picture. In short, I aim to make investing as direct and simple as possible. In the below picture, […]
In my previous post, I mentioned that one of the top 10 lessons I learned in my first 10 years of investing my salary savings, bonuses, and 401(k) contributions is to beware of high-fee, low-service mutual funds and financial products. As a professional myself, I of course understand the need for professionals who manage and […]