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Topic: To be financially well and healty you need to find fund manager - page 4. (Read 670 times)

legendary
Activity: 2716
Merit: 1383
I don't think I have such amount of funds yet to require the services of a third party,  I can make my decision to invest just fine, I agree not all my decisions will come out positive but that's okay because we always learn from our mistakes, if I entrust such important decisions in the hands of another, I will never understand anything and will completely depend on others which imo is not right, The rich may be doing it buy it doesn't mean if don't require this service you can't make it on your own.
And you do not really need it, just by being on this forum we can make some assumptions about your level of knowledge about the economy, and believe me most people here are way above the average person when it comes to that, so the simple strategy of buying bitcoin and then holding it is going to bring you more profits than what most money managers can offer you, and the ones that could offer you more probably need a minimum investment of millions of dollars so they are out of our reach anyway.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
There are those people that are stocks investor and yet they've chosen to have a fund manager. Without knowing, their profit is being deducted just to pay that fund manager that they've hired. They've thought that it's a service for free but no way, there's no free anymore for a service.
That's why whether you're a stock or crypto investor, it's better for you to know what you're investing so your profit won't be allocated to anyone that you're hiring for their service.
legendary
Activity: 3346
Merit: 1191
If u dont want to be poor then do the same as rich does it
Poor community need to come together and find financial manager

I think of it pretty simply, rich people can always pay others to do their job, whatever the job is... but on the other side ordinary people have to do many things by themselves, simply we can't pay for everything, we don't have enough! And I am sure that with "help", any kind of help, it's always easier...

I agree with you that with the group everything can be done better, a strong community that is ready to sacrifice some things to achieve more in life will have more chances for achieving that will be in great advantage over individuals! But forming a strong group is not so easy as it sounds!

Becoming rich sometimes has its own price... people should think about that as well!
hero member
Activity: 2828
Merit: 611
Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.
You don’t learn how to become rich or how to make money in schools. Schools are only going to teach you how you can study and get a job to work under someone.

Although that is kind of changing this time since there are now schools that are now teaching their students on entrepreneurship, although these entrepreneurship studies are mainly developing skill based jobs so that students can be able to start up a business of their own which is quite, but I think they should add investment into it and start teaching them about investment and trading, such stocks and cryptocurrency, so that students can have an idea on what all these things are all about before they are old enough to start them.
member
Activity: 714
Merit: 16
I know that to be financially balance you need someone who will curb you of your excesses especially in spending. For instance, I do participate in signature campaign and once I get paid the next thing on my mind will be to cash out but my mentor sometimes will bring me to reality that you don't eat with ten fingers.
legendary
Activity: 3150
Merit: 2185
Playgram - The Telegram Casino
Life here is not easy, I can't complaint I have done worse before, but because the whole situation here, all honest people has lost something: houses, family members, money, health, time and even lifes have been lost.

I am not an expection, but my situation is not as bad as used to be for now.

Stay safe and take care!


If u dont want to be poor then do the same as rich does it
Poor community need to come together and find financial manager

You want to know how the rich do it? By starting off rich. If they didn't start off rich, they became rich by either working as highly trained professionals or by starting a business.

If you're low income, no financial manager in the world can make you rich. They can only make false promises about making you rich and will most likely enrich themselves with what little you have.

The only person that can make you wealthy is yourself. And even then you need luck. However not falling for scams or shady financial advisors is already half the battle.
jr. member
Activity: 70
Merit: 2
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not.
and that again depends on everyone's needs because I'm sure not everyone needs a manager
a financial manager would be very useful for large companies that require structured financial management, but personally I don't think it's necessary for someone like me. actually we can understand what to do, but sometimes we can't resist the urge, even though it's not really needed, so there is an increase in expenses, and if this continues it will have a bad impact

If u dont want to be poor then do the same as rich does it
Poor community need to come together and find financial manager
member
Activity: 700
Merit: 10
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not.
and that again depends on everyone's needs because I'm sure not everyone needs a manager
a financial manager would be very useful for large companies that require structured financial management, but personally I don't think it's necessary for someone like me. actually we can understand what to do, but sometimes we can't resist the urge, even though it's not really needed, so there is an increase in expenses, and if this continues it will have a bad impact
legendary
Activity: 2380
Merit: 1150
Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.
I don't get why would I need to trust someone else with my finances? I mean am I so inept with economy that I would not be able to manage it myself? Plus am I even rich enough to require a fund manager? I would say that in the world of crypto, saying that you need a fund manager is the most futile attempt I have ever seen to defend investment banks.

We are in crypto, I can simply buy bitcoin with whatever money I have left at the end of every month and that would be fine, I do not need some other person in suits telling me what I should be investing into for some commissions, they are just out there to make money for themselves and do not care about what you do, as long as you trade with them they are happy.
full member
Activity: 1260
Merit: 103
The OGz Club
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not.
and that again depends on everyone's needs because I'm sure not everyone needs a manager
sr. member
Activity: 1148
Merit: 252
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It could be a desperate guy that dont know how to manage money and fear of the risk managing it alone.

where actually it's riskier to hire a fund manager for you lol
I don't think that guy is desperate, if he wants to do it then he's free to do that. But before doing so, why does he should try it on his own? Where he has the authority to his money wherever he's going to invest on it. As the same rule applies, it's his money and we don't know what's with his reasoning. But if he hasn't tried to manage it on his own, he should give it a try before proceeding to the plan of getting a fund manager. Well, he probably doesn't also know how it cost to hire a fund manager.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.


May I ask what do you mean by this?

That foreign fiat currencies are not really an investment, except maybe for cases where your local currency has been heavily hit by inflation.

There's also forex trading, of course, but that's a wholly different beast.

Ah, okey.
Thank you for your explanation I wanted to know what you meant. I am from Venezuela.
I thought you went sarcasm lol but you really do not know what that means . for real are you just okay , fine living in there at venezuela ? it's like nothing really big happening there in your place as you didnt even realize that sarcasm.

My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It could be a desperate guy that dont know how to manage money and fear of the risk managing it alone.

where actually it's riskier to hire a fund manager for you lol

Life here is not easy, I can't complaint I have done worse before, but because the whole situation here, all honest people has lost something: houses, family members, money, health, time and even lifes have been lost.

I am not an expection, but my situation is not as bad as used to be for now.
legendary
Activity: 2674
Merit: 1048
...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.


May I ask what do you mean by this?

That foreign fiat currencies are not really an investment, except maybe for cases where your local currency has been heavily hit by inflation.

There's also forex trading, of course, but that's a wholly different beast.

Ah, okey.
Thank you for your explanation I wanted to know what you meant. I am from Venezuela.
I thought you went sarcasm lol but you really do not know what that means . for real are you just okay , fine living in there at venezuela ? it's like nothing really big happening there in your place as you didnt even realize that sarcasm.

My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It could be a desperate guy that dont know how to manage money and fear of the risk managing it alone.

where actually it's riskier to hire a fund manager for you lol
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
newbie
Activity: 98
Merit: 0
For me, if you can trust someone you don't need to look for someone to manage your assets if you trust only in ourselves to go investing.  since we don’t know the risky is until then, be sure not to trust anyone.  in what i saying You can manage your own assets and investments with our own diligence no need to look for a partner.  All we have to do is study hard to get real success on our own and find out before you enter into any crypto entry or an investment, or even any type of investment, need to be sure and need to be learned before  participating.
hero member
Activity: 1596
Merit: 502
Before making such an advance step to manage funds it must mean you have quite a good amount of money, because hiring someone to manage your funds and assets is not cheap, and if you don't have such an amount yet then why bother, I think this suggestion is for certain level of people and not the average people. In any case, I think I can manage my funds just fine for now.
We do not know if that person can be trusted or will betray us and run away with our money. If we can learn to manage our money, we do not need to hire someone to manage our funds so we can save the money for other things. Most people out there do not hire someone to manage their funds instead of trying their best to do that because they need that money for their lives. I also trying to manage my funds and want to learn how to manage them right.
sr. member
Activity: 2506
Merit: 368
It's hard to find a trusted friend or fund manager nowadays since this era is different than the past but if you have someone that you can trust, you are lucky. Anyway, if your point is someone needs to manage someone's property/assets/funds so that they could maximize their profit then I think there's no point of learning something in crypto market if you could just simply hire someone when infact you could just do it all by yourself.

Why hire someone if you could do it and own the money you're supposed to pay for someone to handle your account. Plus it's not safe to let someone trust your funds cause anytime they could just run it away from you or worst do some bad things to you.
hero member
Activity: 2660
Merit: 630
DGbet.fun - Crypto Sportsbook

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.


This is true that school does not teach how to get rich. So can magnify the inbuilt knowledge in someone and get you ready to utilize what nature has deposited in you.


look for those who knows about finances as instutional rules wall street and can do good portfolio management and who knows about risk managent.
Look for those contacts give them funds to manage or get financial advice and you will see your wealth situation will going better step by step.


I think that risk management is not only when you reduce your risk but also entails diversification of our investment. So looking for advise on investment diversification is part of the knowledge we need. Buying coins and hodling isn't just investment but also staking our investment help us receive profit from different angle.
legendary
Activity: 2716
Merit: 1383
First thing is find someone from your social circle who knows how to manage investments stock market crypto and gold...forex and he or she have some skills and quite stable history of growing profit [...]

Also a great way to lose friends while losing money.

Want to invest in...

...cryptocurrency? Buy a hardware wallet and get yourself some Bitcoin.

...stocks? Find a cheap non-shitty broker (ie. not Robinhood) and invest in a low-fee ETF that tracks a broad index like the S&P 500.

...bonds? Might just as well stay in cash.

...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.

...gold? Just get gold, I guess?
Agreed, it is better to keep our money and our friends apart as this only creates problems over the long run and ruins a perfectly fine friendship.

And about investing, money managers make it seem more complicated than what it really is, why? Because they need us to make their own profits, anyone that knows enough about the economy to understand the fiat system is a scam can put together a simple and effective investment plan, as long as they are willing to buy and hold good assets for decades, but obviously money managers do not want people to know that.
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