Hi Reaver,
Thank you for the analysis. I agree with you that the fee of Clover is significantly higher than Acorns. However, I saw a post on Reddit that the fee will be waived by Clover if you have an investment more than 5000 if you have a referral code. The post was written in late last year...
Since you have quite a significant amount of funds, you may want to check this out https://www.clover.com.au/. Their concept is similar to Acorn, but you have access to a financial advisor and the fund belongs to you (same concept as allocated). With Acorn, your money goes into a pooled fund, I...
Lol. I have invested $1900 so far and market return dropped from $90+ to $10, I have $20++ dividends. I didn't invest in one go, but regularly. It seems like their dollar averaging concept is true. My investment is not even half of yours, but my market return is higher. I think Acorn is good for...
o_O 960 million will last me a few lifetimes! Still...there are better things to spend $188k on. I could buy a house in NSW 10 years ago...:oops: https://matadornetwork.com/life/what-can-150k-buy-in-real-estate-around-the-world/
Would anyone spend $188,000 on a 10oz, 8 mintage, pink diamond-studded gold coin? The premium is more than $100,000.
http://www.perthmint.com.au/jewelled-phoenix.aspx
I was confused about the person who made the coin and did a bit of googling. It turns out Dan Carr "designed, sculptured, engraved and is striking the commemorative pieces" and David Emslie is the assayer who made the blanks. Both their initials are indicated on the coins. Dan Carr created...