Convince me why I shouldn't invest my wealth in managed

>>1253295
Commissions and fees would be a reason not to, plus you are at the mercy of their decisions in investing.

You do it on your own if you have specific goals, industries, or stocks/funds/etfs/etc that you want to target.

>>1253301
>You do it on your own if you have specific goals, industries, or stocks/funds/etfs/etc that you want to target.

I can understand doing this full time, but if I'm doing something else full time (work that produces the money to invest in the first place), I don't think I could do as well as those who do it full time.

Try it on your own for a bit OP. Maybe its easier than you think.

If you hate it or cant deal with it, then go to a managed fund

>>1253295
>Are you more likely to lose money by investing yourself?

Yes. I certainly am.

They are literally just going to charge you fees to do the exact same things you can do yourself

iHaz in 5, 4, 3, 2...

>>1253310
>Yes. I certainly am.
then lurk moar

>>1253306
well there's automated investing in just about every online broker... hell even the Acorns app...

All of these are "AI" trades based of your bull/bear stance and risk level...

You don't get to finely manage the weighs in investments, so for example, over 50% will be in specific dividend producing stocks and only 10% in ETFs.

You won't get to leverage or do options, etc.

Managing your portfolio is generally very easy if you do it for non-daytrading purposes.

You don't have to buy and hold either.. you can set a specific price point to buy or sell stocks/etfs/etc.

Start small, keep a bigger cash on hand or split the money up into auto-invest and the rest you manage...

Sign up for acorns too..