Understandable, but they also have conflicting interests, which is that THEY want to make money
if you look at the average return rates of managed investing vs unmanaged, you’ll see that you earn more by yourself with pretty much equal risks
I suspect many investment companies have deals or interest in making you invest in specific companies even though they’re not that profitable
It’s a bit like everything: food sold already prepared has a nice taste, but not always the best composition and is less worth it than doing it yourself, but if you don’t pay attention enough, you can fuck up your meal. If you are careful, you’ll make much more by yourself and it’ll still have a nice taste. Yes, this comparison doesn’t bring a lot but specialized companies aren’t always the best way of going, and that’s currently the case for investments and stocks
They could also make you invest in their partner companies (or even their own) and have themselves invested prior to that in the same company, then sell later, making them a bigger cut, or similar schemes. What I mean is that it’s not that simple.
overall their work is not that hard and statistically doesn’t pay off, at least in the past years
They’re trying to stay relevant, but ETFs are now the main way of investing and are providing more interest than picking niche fields. They’re doing what they can to stay relevant, but it doesn’t really work. They still need to complexify a bit your investments to make it seem like they’re doing something useful
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
Understandable, but they also have conflicting interests, which is that THEY want to make money
if you look at the average return rates of managed investing vs unmanaged, you’ll see that you earn more by yourself with pretty much equal risks
I suspect many investment companies have deals or interest in making you invest in specific companies even though they’re not that profitable
It’s a bit like everything: food sold already prepared has a nice taste, but not always the best composition and is less worth it than doing it yourself, but if you don’t pay attention enough, you can fuck up your meal. If you are careful, you’ll make much more by yourself and it’ll still have a nice taste. Yes, this comparison doesn’t bring a lot but specialized companies aren’t always the best way of going, and that’s currently the case for investments and stocks
That doesn’t make any sense, they have a shared interest. They make more money when you make more money.
They could also make you invest in their partner companies (or even their own) and have themselves invested prior to that in the same company, then sell later, making them a bigger cut, or similar schemes. What I mean is that it’s not that simple.
overall their work is not that hard and statistically doesn’t pay off, at least in the past years
They’re trying to stay relevant, but ETFs are now the main way of investing and are providing more interest than picking niche fields. They’re doing what they can to stay relevant, but it doesn’t really work. They still need to complexify a bit your investments to make it seem like they’re doing something useful
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