Does Europac have any competitors that talk a similar game in regards to investing in Chinese assets?
I'm curious about their commission fees because I have heard Peter is fairly high.
Does Peter Schiff have similar competitors?
Does Europac have any competitors that talk a similar game in regards to investing in Chinese assets?
I'm curious about their commission fees because I have heard Peter is fairly high.
Maybe I was reading the performance reports wrong, but his mutual funds didn't seem to be doing very well... at all...
Kyle Bass doesn't talk about China much, but he is a "competitor" you could say
The Matrix is a system, Neo. That system is our enemy. But when you're inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it.
If things are down then it sounds like a good time to get in.Originally Posted by bxm042
Are there a lot of first-hand reports of upset Europac clients out there to read?
Unless you have millions of dollars or want to spend no time managing your money, I wouldn't go with Schiff or any other managers that take 1%+ each year. Remember to think about foreign tax withholdings if you are buying foreign stocks in an IRA.
If the so-called "high-yield dividends" are 10%+ then 1% to let someone else manage doesn't sound too bad. I thought I heard his commissions are 10%. Which sounded like too much.
I don't want to personally trade forex. I don't have time for it.
I dont know his exact commissions, but they are high, especially compared to doing it yourself.
There is nothing their brokers can do for you that you can't do yourself.
I believe there's a high minimum to even play ball with them, too.
"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
—Charles Mackay
give them a call on Monday and ask i'm sure they will answer your questions
i think it's 25k minimum with Schiff
So much speculation. No one seems to really know.
Someone call and get the facts.
The higher those fees are...the more money he has to send to his father's jailors every April 15th.
Posting Permissions
Reply With Quote