online investments

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Whether you’re a seasoned investor, a newbie, or someone retesting the waters after a scary loss, financial-services companies want your business. But aside from potential incentives, what will you get for moving your accounts? Is the service up to par? Is the advice worth your time and money? Should you consider turning to an online investments company that provides the option of using a robo-adviser? Consumer Reports published its Ratings of Investment Companies about what these firms really provide to them value and those services. Our findings were based on a survey of more than 46,000 Consumer Reports members about the experiences investors had with the investment companies they use. Given these fee transparency issues, it’s not surprising that four out of 10 of those surveyed weren’t sure of their approximate annual costs. Traditional investment firm customers were the most uncertain, with 46 percent unsure of their expenses vs. just 34 percent of online customers. Many members were unhappy with the amounts being charged. Only 5 percent of the traditional investment firms were rated favorably on costs. By contrast, 83 percent of online firms and 70 percent of robo-advisers were rated favorably for their fees 43192     http://moneyonlineinvestment.com