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Oof that hurts Have you considered using IBKR to do the same sort of automated order execution, but without the AUM fees?
by dmoy 5y ago
Oof that hurts
Have you considered using IBKR to do the same sort of automated order execution, but without the AUM fees?
- ChuckMcM 5y agoNot really. Basically the basic calculation I make is what is my time worth vs what I'm paying in management fees. I've been pretty happy and the managed assets have consistently out performed the S&P 500[1] even after accounting for fees. Everyone is different of course, I'm not a min/maxer trying to eek every cent out of my investments. My goals are/were around not having to work if I don't feel like it. I do understand people who use their net worth as some sort of 'score' they feel they need to 'win.' That is not who I am. [1] I basically consider a zero fee robo-investment strategy in specific ETFs as the 'null hypothesis' here. If the team out performs that, it is okay, if they don't we need to talk.
- disiplus 5y agoFor how long have you outperformed the S&P500 including feeds ?
- deleted 5y ago[deleted]