So, investors are angry with Alex because of disappointing results over 2014. For the non-Dutch: this broker has aggressively advertised during the past years about their investing performances in the past. They boosted about being able to beat the market. There were impressive tv commercials about how they would sell when stocks were about to drop and buy when they were about to increase, taking time-outs based on their technical analyses. However, as predicted in any book or study you pick up about index investing….active investors might be lucky for a while, many investors hop on and there you have it…they can’t meet expectations anymore. That’s exactly what happened here. The fees are killing investor’s capital growth and the investment approach is plain guessing. Well….duh…we know!
I have stated my opinion on investing with Alex before in a reader case study and, luckily, this reader decided against investing with Alex after all.
I just don’t understand why people don’t do their own research on investing, educate themselves a bit and then make a conscious decision instead of making a decision after wathing a commercial on tv. I mean, those are your hard-earned euros! Who’s going to take the best care of them? Right, you!
Oh, Meesman scored 19.3% with their world-wide fund. Snaps for index investing!