re: Ann: HUB24 announces record Net Inflows f... Think we're on the same page, Stweeve.
I'm estimating HUB becoming net profitable with a FUA of ~$1.47B although that can come in lower given they reached gross profitability with less FUA than estimated - many assumptions to this which I won't write an essay about here.
30 months from Nov / 2013 brings us right up to FY17. Fingers crossed they'll deliver sooner - this is also the reason why i'm contemplating whether I should step out for now to crystallise losses.
With the product reviews, not to discount Investment Trends' reports, but a lot of times reviews boils down to vendor showmanship, media hype or media bias-ness. They target the flavour of the day as oppose to looking beyond the horizon, which gives products longevity. I'm just hoping someone with direct experience with the platforms can share the good, bad and ugly(s).
Ultimately it's DYOR but information is power.
re: Ann: HUB24 announces record Net Inflows f... Think we're on...
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