Wealthify vs Nutmeg vs MoneyFarm vs Wealthsimple - Best Passive Investing In The UK скачать в хорошем качестве

Wealthify vs Nutmeg vs MoneyFarm vs Wealthsimple - Best Passive Investing In The UK

I get asked this question all the time so I thought it was time to give it a proper answer. Which is the best passive investment company out there? There are 4 popular ones that everyone talks about - Wealthify, Nutmeg, Moneyfarm and Wealthsimple. My answer is simple: None of them. First off, I am really not a big fan of how these companies market themselves and explain their proposition to customers. There is very little transparency - the customers actually know very little about what specifically their money is invested in and you usually get a small number (less than 10) of funds to choose from based on a risk level metric. They claim to use Artificial Intelligence (which as a mathematician I would say is simply not true), teams of analysts managing your portfolio 365 days a year and even Nobel prize winning methodology. I kid you not - they actually say that. Then come the fees. All of these platforms will charge you 0.7% of your fund per year in management costs. As the size of your portfolio increases, so does the fee. Why? Because earning more money out of your clients for no reason rocks! On top of the 0.7% you also have to pay about 0.2% on average for the fund fees for a total cost of around 0.9%. And in exchange for paying all of these fees you get to earn anything from 5% to 9.9% per year if you invest in the highest risk option with each of the providers based on performance from past years. In the same time frame, a basic investment in the S&P 500 index would yield you considerably more for a 0.07% fund fee. Research and data from academia, Nasdaq, Standard and Poor's themselves and literally anywhere else you look will show you that actively managed funds underperform basic indices like the S&P 500 as much as 95% of the time. Yet you can go and invest in the S&P 500 by opening a free account with Interactive Brokers, Lightyear, Trading 212 or another app. Some of them even give you a free share to get you started (see below). 💵 GREAT INVESTING APPS I USE INTERACTIVE BROKERS (Global - Main investing app I use) https://bit.ly/ibkr-sasha GET A $10 BONUS WITH LIGHTYEAR - (UK & Europe) https://lightyear.app.link/SashaYanshin You need to use promo code "Sasha" and the bonus is awarded after your first trade. DISCLAIMER: Your capital is at risk. DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you. DISCLAIMER: (For Lightyear affiliate link) The provider of investment services is Lightyear Financial Ltd for the UK and Lightyear Europe AS for the EU. Terms apply: golightyear.com/terms. Seek qualified advice if necessary. Capital at risk. DISCLAIMER: Trading 212 provides execution-only service. This video should not be construed as investment advice. Investments can fall and rise. DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.