Normal
As I saw the idea the people running it had a few points in mind.1) They wanted to tale a more careful approach to investing than simply following indices and fund managers.2) They wanted to make some money from their approach but not simply gouge investors through the various fees and charges normally charged3) They were trying to bring on board intelligent investors who, in effect, would do a ton of research and by pooling their knowledge improve the quality of the final decisions.They have closed up shop at this stage. I don't think they go enough funds under management to pay for all the work. But the figures seemed fairly good.
As I saw the idea the people running it had a few points in mind.
1) They wanted to tale a more careful approach to investing than simply following indices and fund managers.
2) They wanted to make some money from their approach but not simply gouge investors through the various fees and charges normally charged
3) They were trying to bring on board intelligent investors who, in effect, would do a ton of research and by pooling their knowledge improve the quality of the final decisions.
They have closed up shop at this stage. I don't think they go enough funds under management to pay for all the work. But the figures seemed fairly good.
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