http://moneysmartlife.com/outsourcing-your-investing-decisions/ Money Tips for a Better Life Fri, 25 May 2012 08:24:26 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://moneysmartlife.com/outsourcing-your-investing-decisions/comment-page-1/#comment-194573 linklings, rethinking the linking edition | brip blap Sat, 05 Mar 2011 13:54:38 +0000 http://moneysmartlife.com/?p=2674#comment-194573 [...] Outsourcing Your Investing Decisions [...] [...] Outsourcing Your Investing Decisions [...]

]]> http://moneysmartlife.com/outsourcing-your-investing-decisions/comment-page-1/#comment-164586 ctreit Mon, 26 Oct 2009 01:37:27 +0000 http://moneysmartlife.com/?p=2674#comment-164586 I have only glanced a kaChing, which is why I don't have a well founded opinion about this service yet. Still, I would like to add my two cents. Generally I don't like any investing strategy that costs a lot of money. 3% management fee is way too high for my taste. However, I think that kaChing can serve one purpose for retail investors. You can take some of your investments, say 10% of all the money you have in equities - hopefully in low cost index funds, and invest it with one or more people on kaChing. This would get you some extra oomph if the people whom you chose perform well, while it would not jeopardize your investments if they all flopped. I have only glanced a kaChing, which is why I don’t have a well founded opinion about this service yet. Still, I would like to add my two cents. Generally I don’t like any investing strategy that costs a lot of money. 3% management fee is way too high for my taste. However, I think that kaChing can serve one purpose for retail investors. You can take some of your investments, say 10% of all the money you have in equities – hopefully in low cost index funds, and invest it with one or more people on kaChing. This would get you some extra oomph if the people whom you chose perform well, while it would not jeopardize your investments if they all flopped.

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