Ben Kumar: The myth of 'cost-free' model portfolios

Thinking long-term

clock • 3 min read

Doing model portfolios ‘DIY’ might seem like a good cost-saving measure, writes Ben Kumar, but have you considered the hidden costs within?

Doing model portfolios ‘DIY' might seem like a good cost-saving measure. But have you considered the hidden costs within? Sometimes, there are things to do around the house. Whether it's hanging a picture, fixing the boiler or resealing the bath, I have an overwhelming temptation to give it a go. After all, I've got a toolbox, a brain and the internet. Why pay a third party? The answer - every time, in my case - is because I'm not thinking about the long-term. The picture might end up on the wall, but I've now got to fill in and paint the holes I've made. The bath is watertight, but I...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

David Coombs: How to stop the exodus to Uncle Sam

David Coombs: How to stop the exodus to Uncle Sam

What's needed to stem the flow of UK companies rushing to list abroad?

David Coombs
clock 16 May 2024 • 3 min read
Infrastructure spend could help push growth despite bleak outlook

Infrastructure spend could help push growth despite bleak outlook

'One of the things that will drive the background music is inflation'

Hope Coumbe
clock 15 May 2024 • 1 min read
Future of Investment Festival: Three weeks left to secure a spot!

Future of Investment Festival: Three weeks left to secure a spot!

Targeted at sustainable, forward-thinking finance professionals

Professional Adviser
clock 15 May 2024 • 1 min read