We are going to post this directly from the full article because it is such a great piece about Financial advisors fees. "Brokers, Financial Advisors, & Investing for the Wealthy The traditional broker-client relationship is crippled by a fundamental conflict of interest: the broker is not directly compensated for giving […]
Another milestone was reached today on the Covestor site as the manual trade entry process was uploaded to the live site. Members can now choose whether to use the data link to their broker, to automatically populate their track record, or enter trades by hand. The form is very easy […]
We have spent a good part of the day trying to find information about Fund Managers to create accounts for them on Covestor to let members compare their own performance to. What is surprising is how little information is available relating to these individuals. Searching through the 100 largest funds […]
Some good reading on oversized funds and some of the stock blogs we are reading at the moment: Why fat funds need diets: Excellent Kiplinger article from May edition on why money piling into funds affects their performance Remember what Buffet said about HF fees?: Warren buffets shareholder statement about […]
Although we are still pre launch we have already received a large number of questions from our Alpha users about the automatic broker link. We thought it might be useful to clarify some of the detail: What it is: At Covestor we wanted to make it as easy as possible […]
Welcome to Proven Self Investors. I am Perry Blacher, one of the founders of Covestor. The idea behind Covestor is to give investors better value and greater transparency by enabling them to invest alongside any private individual who is managing their own money, rather than just putting money into an […]