Yes, but they make money when I make money. I pay like $750 per year to keep my account open, but other than that he only takes a percentage of my monthly gains. The more money he makes me, the more money he gets from me.
And yes of course I could do enough research to match or very them in gains and I could spend enough time watching the markets to make sure I am making sound decisions. Or I could just pay someone a few hundred bucks a month to do it for me. I know what decision I chose.
The thing is it’s relatively simple in the most part. Just invest in a couple mainstream ETFs and boom, no need to be fancy or taking some time after that
if you want a more safe direction then it’s a bit different but for the most part, that’s it
I think you missed three facts that I keep trying to hammer home.
I genuinely don’t care enough to do research and spend time watching the markets. I’m fortunate to have more money than time these days so $750 is worth vastly less than me doing it myself.
It’s safer. This is a huge % of my life savings were talking about. I don’t trust myself to do it.
It’s safer. This is a huge % of my life savings were talking about. I don’t trust myself to do it.
I can understand it, and respect your decision. At that point when we’re talking about such amounts, it’s better to offload this mental stress to a reputable company, even if it means a bit lower interest rates
The main thing to get out of this is that you’re investing and frankly, it’s pretty much all that matter
I experienced something kind of similar I guess. When I learned about this I was excited, but even though everything seems fine, there’s still this part of me that is like “what if I’m forgetting or fucking up something? I don’t want to lose my money, that’s a lot”
Yes, but they make money when I make money. I pay like $750 per year to keep my account open, but other than that he only takes a percentage of my monthly gains. The more money he makes me, the more money he gets from me.
And yes of course I could do enough research to match or very them in gains and I could spend enough time watching the markets to make sure I am making sound decisions. Or I could just pay someone a few hundred bucks a month to do it for me. I know what decision I chose.
WHAAAAAAT
The thing is it’s relatively simple in the most part. Just invest in a couple mainstream ETFs and boom, no need to be fancy or taking some time after that
if you want a more safe direction then it’s a bit different but for the most part, that’s it
I think you missed three facts that I keep trying to hammer home.
I can understand it, and respect your decision. At that point when we’re talking about such amounts, it’s better to offload this mental stress to a reputable company, even if it means a bit lower interest rates
The main thing to get out of this is that you’re investing and frankly, it’s pretty much all that matter
Thank you. You are the first person to actually understand what I am trying to say.
❤️
I experienced something kind of similar I guess. When I learned about this I was excited, but even though everything seems fine, there’s still this part of me that is like “what if I’m forgetting or fucking up something? I don’t want to lose my money, that’s a lot”