Navigate money 54
Author: QuietGrowth
Diversify beyond the real estate
Invest in startups with your play-money only
How much money is required to start trading stocks instead of investing?
If you are considering to start trading stocks with a short-term horizon, instead of investing in stocks or other instruments for the long-term, then you should trade in stocks using the money in your ‘discretionary fund’.
What are the advantages and disadvantages of investing in startups?
A startup can be a public company or a private company. It is not common for an early-stage startup to be a public company, though there are a large number of early-stage and late-stage startups that have gone public in various stock exchanges across the world.
How much money should I have before I need a financial adviser?
Every person needs a decent-quality financial adviser, if not a high-quality financial adviser. The question is: “does the fees that I have to pay to avail the services of a financial adviser is justified for the amount of wealth that I own?”
What does it take to make DIY (do-it-yourself) investments rather than hiring a financial adviser?
It takes a lot of effort to become skilled in the field of investing. If you are investing your hard-earned money, then you better be good at it! You would need to do the following:
Underrated financial planning advice that is highly effective
Does a robo adviser give personal financial advice?
If the categorisation of a firm as a robo-adviser is correct, then it should be able to give personal financial advice.
Should I use a robo adviser or invest by myself?
If you are an expert in investing, have the time needed to do regular research, and have the discipline to stick to an investing methodology objectively, then you can do your own investing.