YourShare Blog

Barefoot investor

An article published today by Scott Pape - the barefoot investor outlined some simple strategies to ensure you know what you are paying for financial advice and a four step guide to finding a good planner.  

"Building a relationship with a financial planner you trust who also looks out for your best interests can be difficult......

...... Most financial planners get paid a commission from the product they sell you. Some products pay higher commissions............

Typically, commissions are made up of the following components:

• Up to 4 per cent of your investment (known as an entry fee)
• About 0.6 per cent a year of the value of your portfolio (a 'trailing' commission)
• Plus 'soft' commissions (which they are required to disclose) to pay for trips to conferences and holidays."

For full details of the article please go to: www.barefoot.com.au/investment/108-guide-to-financial-planning.html

"Bitten investors grow wary of experts"

A recent article in the Australian published the results of  survey into investor sentiment. The results were surprising;

"DISILLUSIONED with so-called market experts and downright distrustful of financial planners, investors are taking matters into their own hands."

The survey was conducted by the Crosby|Textor focus group was published last month. For full details of the article go to; http://www.theaustralian.news.com.au/business/story/0,28124,25017575-5001942,00.html

Eureka Report

YourShare are proud for the industry recognition of the great service we provide. A resent article published in the Eureka Report discussed YourShare and the Yearly Cash Back service.

"There's no such thing as a free lunch but a service called YourShare, which rebates fees and commissions for almost any investment, comes pretty close."

"The service, which is free to use, works with any financial product where trailing fees and commissions are paid."

For full details of the article published 12th January 2009, go to www.eurekareport.com.au.