iBillionaire - an iphone app and index that lets you track the investments of popular billionaires
iBillionaire - an iphone app and index that lets you track the investments of popular billionaires. It purports to offer a snapshot of where the most successful investors are putting their money. The company behind the concept hopes to follow up with an iBillionaire exchange-traded fund. The ETF would allow regular investors to buy shares in a portfolio that tracks the index, effectively putting their money where the billionaires mouths' are. According to iBillionaire, its own index would have outperformed the S&P 500 by 9.23 percentage points in the last year. Skeptical? Clone funds are not a new concept and there are more sophisticated versions on offer. You can see how some have performed on the following link (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions.
Safe investing and thanks for reading Livewire.
2 topics
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why "buy and manage" is the better way to invest in stocks
Livewire Markets