Re:SEC charges Netflix insider trading ring
by throwaway2037 on Wednesday August 18, 2021 @09:41PM
(#28229383)
What is her fee structure?
Re:SEC charges Netflix insider trading ring
by ChuckMcM on Wednesday August 18, 2021 @11:45PM
(#28230123)
Currently, it is 0.78% of the assets under management.
Re:SEC charges Netflix insider trading ring
by dmoy on Thursday August 19, 2021 @12:45AM
(#28230407)
Oof that hurts
Have you considered using IBKR to do the same sort of automated order execution, but without the AUM fees?
Re:SEC charges Netflix insider trading ring
by ChuckMcM on Thursday August 19, 2021 @01:26AM
(#28230631)
Not really. Basically the basic calculation I make is what is my time worth vs what I'm paying in management fees. I've been pretty happy and the managed assets have consistently out performed the S&P 500[1] even after accounting for fees.
Everyone is different of course, I'm not a min/maxer trying to eek every cent out of my investments. My goals are/were around not having to work if I don't feel like it. I do understand people who use their net worth as some sort of 'score' they feel they need to 'win.' That is not who I am.
[1] I basically consider a zero fee robo-investment strategy in specific ETFs as the 'null hypothesis' here. If the team out performs that, it is okay, if they don't we need to talk.
She worked for the company handling Sun's employee purchase plan and stock option plans. I've stuck with her as she he moved from company to company (generally by acquisition). Establishing a standing order was simply a matter of calling her up and telling her what I wanted to do. I'm not sure how it was implemented on her side though.