I have a significant amount of my assets invested with a company (iFast) but I am thinking of switching to a Bogleheads-style passive strategy. The reason being that well, it’s hard to beat the market.
I believe I have done sufficient research and my due diligence. I’ll be saving on the advisory fee, lower expense ratios etc…I think far wiser people than I have already listed the pros and cons of each. If there was a way without any pros and cons everyone would use it 🙂
However, I would like to like to hear from real people as well. I have discussed my pivot with my FA, he agrees with me. I target a 8-9% PA with a 3-fund portfolio, which is higher than he can give me, especially with the 1% advisory fee. I’m aware I may have to rebalance it myself or find an autorebalancer.
I have a friend who invests for a living and is of the view that active management can beat the markets. AFAIK, this is only possible in the short-term and is not a common occurrence. Her own strategy is to buy actively managed funds with an excellent performance, such as Fundsmith.
Opinions and knowledge welcome.
