Just so you have realistic numbers most bond funds and ETFs have a much lower expense ratio, even if you have a SMA (separately managed account) - it's lower than 1.5%.
5:01 Using that 2013 Forbes article as a reference for a 2.1% charge is ridiculous. Broad bond exposure is as cheap as 0.03% using BND. The article itself even talks about that. We can even maintain the 1% advisor fee and the fee is less than half of 2.1% at 1.03%. I rewatched and noticed 1.5% was used. Still higher than I would argue is fair.
This is exactly how I position WL in a comprehensive portfolio
Something IUL can’t do.
Just so you have realistic numbers most bond funds and ETFs have a much lower expense ratio, even if you have a SMA (separately managed account) - it's lower than 1.5%.
where can I buy some decreasing term insurance?
Why would you want decreasing term? Just curious? There are use cases for it, for sure. Just wondering the use case
IUL is better if done correctly, WL is good
@@guillermofalla3102 history says otherwise
5:01 Using that 2013 Forbes article as a reference for a 2.1% charge is ridiculous. Broad bond exposure is as cheap as 0.03% using BND.
The article itself even talks about that. We can even maintain the 1% advisor fee and the fee is less than half of 2.1% at 1.03%.
I rewatched and noticed 1.5% was used. Still higher than I would argue is fair.
@CamOnTheCoast1776you are rare, most follow advice with much larger fees
You argue with is possible....I argue what people are paying....