Manage your own investments

by Paul Beardsell
(Amiens, France)

The real return on any investment is seldom more than 2 or 3 percent per year, after taking into account inflation and an allowance for risk (high yield = high risk).

Paying an investment manager 1% or 2% of your portfolio value each year means that most of the return on the investment is squandered. Instead, manage your own investments!

Published records show likely your guesses will be as good as those of the fund manager you're avoiding paying. And you'll have some fun at the same time as saving money.