ipitco

❤️

I experienced something kind of similar I guess. When I learned about this I was excited, but even though everything seems fine, there's still this part of me that is like "what if I'm forgetting or fucking up something? I don't want to lose my money, that's a lot"

It's all about balance ⚖️

It’s safer. This is a huge % of my life savings were talking about. I don’t trust myself to do it.

I can understand it, and respect your decision. At that point when we're talking about such amounts, it's better to offload this mental stress to a reputable company, even if it means a bit lower interest rates

The main thing to get out of this is that you're investing and frankly, it's pretty much all that matter

They could also make you invest in their partner companies (or even their own) and have themselves invested prior to that in the same company, then sell later, making them a bigger cut, or similar schemes. What I mean is that it's not that simple.

overall their work is not that hard and statistically doesn't pay off, at least in the past years

They're trying to stay relevant, but ETFs are now the main way of investing and are providing more interest than picking niche fields. They're doing what they can to stay relevant, but it doesn't really work. They still need to complexify a bit your investments to make it seem like they're doing something useful

$750 per year to keep my account open

WHAAAAAAT

The thing is it's relatively simple in the most part. Just invest in a couple mainstream ETFs and boom, no need to be fancy or taking some time after that

if you want a more safe direction then it's a bit different but for the most part, that's it

that kind of post always seem to me like "let me cherry-pick my context to complain about something without providing the real full context"

Understandable, but they also have conflicting interests, which is that THEY want to make money

if you look at the average return rates of managed investing vs unmanaged, you'll see that you earn more by yourself with pretty much equal risks

I suspect many investment companies have deals or interest in making you invest in specific companies even though they're not that profitable

It's a bit like everything: food sold already prepared has a nice taste, but not always the best composition and is less worth it than doing it yourself, but if you don't pay attention enough, you can fuck up your meal. If you are careful, you'll make much more by yourself and it'll still have a nice taste. Yes, this comparison doesn't bring a lot but specialized companies aren't always the best way of going, and that's currently the case for investments and stocks

moderation debates are the best

feeling like a judge serving a higher cause when no one actually cares

yes, but not only, and that's the important thing to understand

Moderation would be better if there was a "see anyways" button on deleted content

this really

Easy way to gain a lot less than you would by making a few hours worth of research