By: Neerja Caprihan
Not about the ABBA song 1 that is going on 50.
As customers, most of us love a good bargain. And hence the proliferation of multiple channels to offer the same, ranging from the simple, old-school sales and discount offers to sophisticated financial frauds and ponzi schemes. Everything capitalizes on the human desire to get more for less. How to get maximum value for money, with optimal transparency, at the least cost.
Which is why the Labubu craze, especially where the human-sized version sold for a whopping and rather eye-popping amount 2 is difficult to grasp. But this isn’t a standalone event. The fashion world is often in news for price labels that seem preposterously high to most. And then remember the gentleman who bought the banana artwork only to eventually eat it? 3 There is no dearth of remarkable purchases being made at ridiculous price points for all sorts of whimsical reasons. These seem to be fairly common features of the world of billionaires, celebrities, and unconventional thinkers, and sometimes the three categories overlap 4. Well, to each their own; we concur. If those possessions make for coveted investments for some people, so be it.
For those of us who are active participants in the investing world, investments carry a slightly different meaning. And value for money takes the form of looking out simply for best combinations of fees and returns. Where there are no hidden fees, and therefore no money shocks along the way. At the same time one chooses strategies that resonate not only with one’s financial goals but also personal ethos.
Speaking of money, we put ours where our mouth is. Interactive Advisors only charges fees on investments you make in your account. There are no fees on uninvested cash in your account or fees to redeem your investments. Also, all our portfolios are succinctly described on the site, so you do know what you are in for, as opposed to being offered the same in blind boxes like the Labubu dolls.
Check them out today, and make your money count.
PHOTO CREDIT: https://www.shutterstock.com/g/BillionPhotos
VIA SHUTTERSTOCK
FOOTNOTES AND SOURCES
1https://www.youtube.com/watch?v=ETxmCCsMoD0&pp=0gcJCdgAo7VqN5tD
2https://www.bbc.com/news/articles/c780p4n33kyo
3https://edition.cnn.com/2024/11/29/style/video/maurizio-cattelan-collector-eats-6-million-dollar-banana-hnk-intl-digvid
4https://www.msn.com/en-us/lifestyle/travel/30-most-expensive-and-ridiculous-celebrity-purchases-of-all-time
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Covestor Ltd, also known and doing business as Interactive Advisors, is an Interactive Brokers Group Company. It is an investment advisor registered with and regulated by the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC. Interactive Advisors is not registered in any jurisdiction outside the United States. This website is for informational purposes only and is not intended to be a solicitation or advertisement in any jurisdiction other than the United States. See important Terms of Use and our Privacy Policy Notice on our Forms and Agreements page.
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