Institutional money managers - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

MikeWaters · 07-20-2006, 03:37 PM

Financial advisor says that when my accounts are a little bigger, that I ought to convert part of my portfolio to institutional money managers. He says the rate of return is much higher than your standard mutual funds, (thereby offsetting the 2% they shave off).

He couches it like "you and Mark Cuban dont' have the same investment opportunities, this is a way to get into the same trading arena as the big money."

What do you guys think?

07-20-2006, 03:37 PM	#1
MikeWaters Demiurge Join Date: Aug 2005 Posts: 36,365	Institutional money managers Financial advisor says that when my accounts are a little bigger, that I ought to convert part of my portfolio to institutional money managers. He says the rate of return is much higher than your standard mutual funds, (thereby offsetting the 2% they shave off). He couches it like "you and Mark Cuban dont' have the same investment opportunities, this is a way to get into the same trading arena as the big money." What do you guys think?