Funds managers do not recommend their products to their mothers? What is that? oh my god? it means there is no real ethics in this business? Somebody please clarify this point. Im confused.
What really needs to be done with federal, state, city, local, etc, etc, pension plans (probably will never happen) is to have all new employees put on a DEFINED CONTRIBUTION (self directed ira/401k plan) plan, as opposed to a DEFINED BENEFIT plan. Curent employees under a DEFINED BENEFIT plan should be required to make contributions that will result in full funding of the pension system. Also, do away with the retiree health benefits, cannot justify this huge bennie any more.
Thanks for this video. Definitely makes you think about pension funds in general. Looking at the growth of the FTSE 100 over the last 10 yrs it has only returned 3.4% annually. If you then subtract the 1.5% management charge, you are left with 1.9% return per year. Better to put your money in a cash deposit account.
Let your money make money for you! Join a hip, young, chic, and great Real Estate Development Firm based in Atlanta, GA. Yielding an astounding 27% return on your investment in 8 months minimum. Learn more about my company.
Just like any investment one needs to realize the volatility involved. One of my funds have lost close to 4k in the past four months. I would like to learn about the Real Estate Development firm. 27% in 2008?
Well done you. I am just pointing out that the majority of fund managers of retail equity based funds do not seem to be recommending their own products to their own friends and family - based on my informal surveys lecturing over the last 5 years to managers controlling many billions of dollars of assets. Patrick Dixon
Two things I'd like to point out that you might want to think about.
600% return over 6 years doesn't mean anything, you have to look at consistent returns over 40 years(if investing for a pension)
There are more than a thousand funds out there, how did you manage to pick that one great fund? Will you be able to pick such great funds for the next 40 years or do you think this fund will continue to do well for the next 40 years until you retire?
Yes - new miss-selling scandal likely in investment funds.
pjvdixon 2 months ago
Funds managers do not recommend their products to their mothers? What is that? oh my god? it means there is no real ethics in this business? Somebody please clarify this point. Im confused.
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What really needs to be done with federal, state, city, local, etc, etc, pension plans (probably will never happen) is to have all new employees put on a DEFINED CONTRIBUTION (self directed ira/401k plan) plan, as opposed to a DEFINED BENEFIT plan. Curent employees under a DEFINED BENEFIT plan should be required to make contributions that will result in full funding of the pension system. Also, do away with the retiree health benefits, cannot justify this huge bennie any more.
tickyul 1 year ago
good vid
Nkatsikanis 2 years ago
The entire monetary system is controlled.
Your pesions will put a great big log on someone elses fire and you will be long dead when it happens!
SHEEP!
jetplane2006 3 years ago
With the US bailout bill just passed this area of equity investment looks a bit stronger but it still is in a precarious position.
Nkatsikanis 3 years ago
thank you for making the world a better place
Hyperchiller 3 years ago
Does that mean Asset Management job opportunity wont grow? It is important to me since I am a Finance student in college.
tubelincoln 3 years ago
Job opportunities will be there in asset management but expect remuneration to be based on last 3 years not 12 months.
pjvdixon 3 years ago
can't you get a real education ?
dieper2dieper 2 years ago
not sure what ur point is...I am in top 20 business school in the US...
tubelincoln 2 years ago
Thanks for this video. Definitely makes you think about pension funds in general. Looking at the growth of the FTSE 100 over the last 10 yrs it has only returned 3.4% annually. If you then subtract the 1.5% management charge, you are left with 1.9% return per year. Better to put your money in a cash deposit account.
janco333 3 years ago
Let your money make money for you! Join a hip, young, chic, and great Real Estate Development Firm based in Atlanta, GA. Yielding an astounding 27% return on your investment in 8 months minimum. Learn more about my company.
theartiscompany 3 years ago
Just like any investment one needs to realize the volatility involved. One of my funds have lost close to 4k in the past four months. I would like to learn about the Real Estate Development firm. 27% in 2008?
TheFashionistaChic 3 years ago
Tosh! 600% return since 2002 from one fund alone. Thanks very much!
Stick to saving lives.
dom597167 4 years ago
Well done you. I am just pointing out that the majority of fund managers of retail equity based funds do not seem to be recommending their own products to their own friends and family - based on my informal surveys lecturing over the last 5 years to managers controlling many billions of dollars of assets. Patrick Dixon
pjvdixon 3 years ago
Two things I'd like to point out that you might want to think about.
600% return over 6 years doesn't mean anything, you have to look at consistent returns over 40 years(if investing for a pension)
There are more than a thousand funds out there, how did you manage to pick that one great fund? Will you be able to pick such great funds for the next 40 years or do you think this fund will continue to do well for the next 40 years until you retire?
janco333 3 years ago
Great!
LaspaLaspa 4 years ago