in this case I prefer to manage my own finances rather than being helped by others.
maybe for some people this is a profitable thing but not for me.
I really need help in terms of financial management which is still a scourge for me because sometimes there are moments that get me when I am emotional in trading or investing. but entrusting to others I don't think I need to do that.
talking about knowing the right and right ways in investing can actually be done when we have the will but managing finances by other people I personally don't want that
Topic: To be financially well and healty you need to find fund manager - page 5. (Read 670 times)
December 12, 2021, 11:28:22 AM
December 12, 2021, 11:22:37 AM
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.
December 12, 2021, 10:38:59 AM
Even you are not interested about managing your wealth right ways this something whats important.
Sure you look at the rich and wealthy ferrari lambos...bentleys but u dont realise one thing.
All what the rich are doing different then you is they manage their finances smart ways and as soon as u do it same the quite same future will wait for you.
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 dont look of those who just got lucky to buy shiba...lol 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.
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.
Sure you look at the rich and wealthy ferrari lambos...bentleys but u dont realise one thing.
All what the rich are doing different then you is they manage their finances smart ways and as soon as u do it same the quite same future will wait for you.
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 dont look of those who just got lucky to buy shiba...lol 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.
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.
This is absolute rubbish. Anyone who is willing to spend just a little time learning about finance and the basic tax laws of your country in relation to investments will be vastly better off buying into funds directly, rather than adding an extra layer of fees that an external financial advisor will charge you. If you do not have the time to learn the basics, then you should definitely make sure the financial advisor is completely independent (working for your interests only, not just the best commission rates for themselves). and has fees that are close to the lowest in the industry. It's so easy to get ripped off by going with such an advisor and they very often will just put your money into a fund that you can buy yourself directly with little added value.
December 12, 2021, 10:19:18 AM
Even you are not interested about managing your wealth right ways this something whats important.
Sure you look at the rich and wealthy ferrari lambos...bentleys but u dont realise one thing.
All what the rich are doing different then you is they manage their finances smart ways and as soon as u do it same the quite same future will wait for you.
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 dont look of those who just got lucky to buy shiba...lol 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.
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.
Sure you look at the rich and wealthy ferrari lambos...bentleys but u dont realise one thing.
All what the rich are doing different then you is they manage their finances smart ways and as soon as u do it same the quite same future will wait for you.
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 dont look of those who just got lucky to buy shiba...lol 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.
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.
The sad thing is, it is limited, some people don't even have the right amount of money to hire a fund manager. Most of the people who engage in crypto have small starting funds solely depends on their own knowledge and research, including luck. I guess in my case it's different, there are people who are somehow expert on this, they give me advice and it is for free, what they have will also be in my portfolio since I follow their advice on which one to invest. Good thing is I made the right choice having followed their instructions.
December 12, 2021, 09:29:15 AM
It is just my opinion. You don't need to entrust or find someone to manage your assets and investment. That's too risky! Don't trust anyone. You can manage your own assets and investment by your own. All you need to do is to acquire knowledge first about investing before jumping into it. Whatever kinds of investment, you need to learn first.
December 12, 2021, 09:12:34 AM
@OP do you think there's no one know a rich person has a financial manager?
What you need to know is you need to pay a very good amount money to the legit manager and you must a billionaire in this matter. All people were want to hire financial manager, but they're not a billionaire and only average person... they didn't even can to pay the fees to the manager.
The another reason finding a financial manager isn't easy and I don't really believe it, except he's knowledgeable but lack of money so he need to work to earn capital. He would do trading himself and earn a lot money, why does he need to teach other person?
What you need to know is you need to pay a very good amount money to the legit manager and you must a billionaire in this matter. All people were want to hire financial manager, but they're not a billionaire and only average person... they didn't even can to pay the fees to the manager.
The another reason finding a financial manager isn't easy and I don't really believe it, except he's knowledgeable but lack of money so he need to work to earn capital. He would do trading himself and earn a lot money, why does he need to teach other person?
December 12, 2021, 05:53:17 AM
If you are just an average joe, do you really need to hire and find a fund manager?
So for me, this doesn't fit at all, experience is the best teacher, of course you can lose money along the way, but it will make you more smart about how to manage your own funds.
Crypto? just learn the basics how to protect your asset and then buy bitcoin during dip and hold for a hold term. It's not that complicated.
So for me, this doesn't fit at all, experience is the best teacher, of course you can lose money along the way, but it will make you more smart about how to manage your own funds.
Crypto? just learn the basics how to protect your asset and then buy bitcoin during dip and hold for a hold term. It's not that complicated.
December 12, 2021, 03:20:12 AM
Everyone can have their own strategy regarding this, many people will use fund manager and leave her anything to be managed so he can enjoy his life while the fund and account manager is doing the money management for him, but the main question is why do we have to trust some fund manager to leave him our works, I mean we cannot make sure about the quality of the fund manager. everyone whos active and investing in financial markets should know about money management and do his own works because even if he is going to lose money over the investment he did, he will learn from it and this will grow him on the market instead.
December 12, 2021, 02:16:34 AM
This is actually true. We are not taught the financial investment lessons in the education systems and there is just so much to understand that we can’t do this alone. In the current scenario we have chartered accountants who know how to manage our wealth because they can reduce the taxes, tell us about proper mutual funds, trading money budget and EMI management. You can’t do that alone and it’s always best idea to have them at your dispersal. There are many tricks and tips you can actually get from these guys and have your CIBIL score increased. This also helps you become financially sound.
December 12, 2021, 01:30:50 AM
So you are saying rich people are rich because they all have a manager to manage their investment funds? If that's true then why those fund managers are doing work for others. They can be rich by using their fund's managing skills. Your fund's manager can not predict what will be the price of gold or BTC next year. So what they can do is DCA and in the end, you will see you have a great entry with a lower price. You can do that too and you don't need a fund manager. Just get rid of your greed.
December 11, 2021, 10:03:03 PM
When that comes to managing the investment stock market and crypto and gold, I prefer to be my own manager because I do not want to give trust other people to manage my funds. I can hire an employee to manage my business but not my investment or my money because they do not really know what exactly I want.
That is why if you want to involve deeper in the investment, crypto, stock, gold or another type of investment, you need to keep learning to know what you need to do and decide because the decision will be the hardest part that someone should take. I believe that is the process for someone who wants to jump on the investment side.
That is why if you want to involve deeper in the investment, crypto, stock, gold or another type of investment, you need to keep learning to know what you need to do and decide because the decision will be the hardest part that someone should take. I believe that is the process for someone who wants to jump on the investment side.
December 11, 2021, 09:13:11 PM
Overconfident, but as a salesman you fit this bullshit. No one will really follow your advice.
So what do you really want to say? You say: Don't do this, don't do that, don't invest in this, don't invest in that. Do this but you don't do it yourself. Learn about this, but you say kmai school is useless. Stop the bullshit and give me a much more pleasant argument for us to discuss.
Okay about the fund manager? not Forex because it's bullshit, or do you get caught up in it and suggest others to follow?
One of the financial management there are 2 saving and investing long term.
Well, let's extend both from the perspective of long-term benefits and potential future support. We are in the crypto community especially Bitcoin, but that doesn't mean we force others. Just take a look at our output and try to follow the procedure how we achieve it until you are interested.
So what do you really want to say? You say: Don't do this, don't do that, don't invest in this, don't invest in that. Do this but you don't do it yourself. Learn about this, but you say kmai school is useless. Stop the bullshit and give me a much more pleasant argument for us to discuss.
Okay about the fund manager? not Forex because it's bullshit, or do you get caught up in it and suggest others to follow?
One of the financial management there are 2 saving and investing long term.
Well, let's extend both from the perspective of long-term benefits and potential future support. We are in the crypto community especially Bitcoin, but that doesn't mean we force others. Just take a look at our output and try to follow the procedure how we achieve it until you are interested.
Nop im not making this topic to be that kind of financial fund manager here and not going to give investment advice here.
All of u here instantly assume bad about every f..user here.
Im not that kind of person u think im not gona sell s***t here just i try to enlight you and give some good tpughts of little bit education.
December 11, 2021, 07:58:26 PM
Overconfident, but as a salesman you fit this bullshit. No one will really follow your advice.
So what do you really want to say? You say: Don't do this, don't do that, don't invest in this, don't invest in that. Do this but you don't do it yourself. Learn about this, but you say kmai school is useless. Stop the bullshit and give me a much more pleasant argument for us to discuss.
Okay about the fund manager? not Forex because it's bullshit, or do you get caught up in it and suggest others to follow?
One of the financial management there are 2 saving and investing long term.
Well, let's extend both from the perspective of long-term benefits and potential future support. We are in the crypto community especially Bitcoin, but that doesn't mean we force others. Just take a look at our output and try to follow the procedure how we achieve it until you are interested.
So what do you really want to say? You say: Don't do this, don't do that, don't invest in this, don't invest in that. Do this but you don't do it yourself. Learn about this, but you say kmai school is useless. Stop the bullshit and give me a much more pleasant argument for us to discuss.
Okay about the fund manager? not Forex because it's bullshit, or do you get caught up in it and suggest others to follow?
One of the financial management there are 2 saving and investing long term.
Well, let's extend both from the perspective of long-term benefits and potential future support. We are in the crypto community especially Bitcoin, but that doesn't mean we force others. Just take a look at our output and try to follow the procedure how we achieve it until you are interested.
December 11, 2021, 07:26:42 PM
...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.
December 11, 2021, 07:09:25 PM
...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.
December 11, 2021, 07:03:30 PM
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?
Make sure you understand the asset you're investing in, don't try to time the markets, set yourself an entry and exit strategy in advance, DCA in, DCA out. Easy peasy, this is not financial advise, lemon squeezy. Won't make you rich, but should build a good foundation and in the long term will likely fare better than the friend of a friend of a friend.
Yes DCA 1% buying when prices going little bit down and 2% when prices goes down little bit more then just little bit then 3% of your portfolio when price per asset does it even bigger drop such us 20-30%
The managing finances right its goes like this u either do it right or u dont do it.
Also u need to have fundamental knowledge about solid assets do not fall on scams and dont waste ur funds to invest crap scams.
But thats why is best to find pro trader who can manage ur funds.
December 11, 2021, 06:58:26 PM
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 [...]
...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.
May I ask what do you mean by this?
What kind of nonsense?
December 11, 2021, 06:41:23 PM
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 [...]
...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.
May I ask what do you mean by this?
December 11, 2021, 06:28:42 PM
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?
Make sure you understand the asset you're investing in, don't try to time the markets, set yourself an entry and exit strategy in advance, DCA in, DCA out. Easy peasy, this is not financial advise, lemon squeezy. Won't make you rich, but should build a good foundation and in the long term will likely fare better than the friend of a friend of a friend.
December 11, 2021, 05:18:45 PM
Everyone should know the basics of financial literacy. It should be in the school curriculum.
To be honest, I would not trust my acquaintances money without understanding how the market or other business works.
They will say - the market has fallen, and will run away with your money, and you will not even know that the market has grown)
To be honest, I would not trust my acquaintances money without understanding how the market or other business works.
They will say - the market has fallen, and will run away with your money, and you will not even know that the market has grown)
If u manage right way funds it dont matter if market up or down.
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