"I don’t know where to start"
You’ve decided that you’re going to start investing. You’re amped and ready to take charge of your financial future. And then you find yourself suddenly bombarded with a million questions and doubts: Where do I start? Do I buy shares? Which ones? How many? How much of each?
Despite the fact that there are thousands of first-time DIY investors out there who are creating portfolios that outperform benchmarks and asset managers, starting out can stun you with a bolt of analysis paralysis for sure. Here’s where investing in a ready-made portfolio can really help.
Think of it as sitting in the cockpit of a plane with a pilot, who can get you up in the air and plot the flight path that you need to help you reach your desired destination. They pick the mix of shares and Exchange Traded Funds in the amounts they see fit based on their investing philosophy and adjust them when they think it’s necessary.
I want someone with all the smarts to look after my money
There might be a specific Asset Manager whose philosophy and style really gels with you, that you want to manage the ins and outs of your portfolio.
Usually, access to an expert like this comes at a hefty cost, which can erode your returns over time or put you in a spot where you have to lay out a minimum chunk of money to start. This isn’t the case anymore. Using the EasyEquities platform, you can access an expert Asset Manager's skill and experience in the markets starting from $1 and paying annualized fees ranging between 1 and 1.25%.
Invest and Chill
Life is hectic, and for a lot of us adding another item like ‘Check on the performance of my share portfolio and adjust the weighting accordingly’ to a long to-do list feels like a mission.
So owning a ready-made portfolio, and having complete sight of what's happening in your account whenever you want, means you can invest your money and kick back while someone else does the grind.
