Balance 12 months ago = €73K
Contributions in 12 months = €15K
Total should be €88K
Actual Value €84K
Loss €4K
Why would I bother making any additional AVC lump sum for 2019 now?
(I do off set one off AVC against rental income but apart from that is there any reason to throw good money after bad or am I missing something?)
Nick
The evidence would suggest otherwise -My sense is that “active” has done quite well
The evidence would suggest otherwise -
SPIVA: 2021 Year-End Active vs. Passive Scorecard
The latest research from SPIVA in S&P's long-running study takes a fresh look at how active managers stack up against their respective benchmarks.www.ifa.com
Have you factored your tax saving into those figures and are you in the higher tax bracket? Might look more like this if you are -Balance 12 months ago = €73K
Contributions in 12 months = €15K
Total should be €88K
Actual Value €84K
Loss €4K
Why would I bother making any additional AVC lump sum for 2019 now?
(I do off set one off AVC against rental income but apart from that is there any reason to throw good money after bad or am I missing something?)
Nick
If you think about it, the average passively managed euro will always outperform the average actively managed euro, after costs.I’m basing it on my own portfolio I guess (which I don’t manage).
If you think about it, the average passively managed euro will always outperform the average actively managed euro, after costs.
That's just maths.
And it holds true in all market conditions; over all time periods.
100% Allocation, .36% management fee. Irish Life Active Global Equity Fund.
That paints a fairly different picture to the previous post doesn't it? From reading this one, the Irish Life funds would be one of the top performers if you happened to be retiring in any of the years included prior to 2020.This graph is going back to June 2012 (I took out the Aviva fund as it started in 2017 which isn't a decent history).
View attachment 5022
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?