Why should you use an financial intelligence analysis expert to safeguard your money? An expert takes a broader view of the economy, oth markets on the domestic front and around the world.
Do self-directed investors have the necessary experience to do the research to make informed investing decision? When we journey into the investing world we are faced with many choices to make.
There are numerous people out there that will want to make money by offering their services to help you make those investing decisions. It is worth paying for advice? Well that depends on who you are talking to? There are people out there that will that will gladly take your money either through scams or through high consulting or large broker fees.
A good place to start is to take financial advice from a licenced professional. It would be wise to find one that has experience in the type of investments you are interested in. Some investors are quite happy to leave their money in the hands of experts.
Alternatively some are choosing to be DIY (do it yourself) investors. Employing a combination approach is a wise move. By investing part of your portfolio in products managed by professionally can give you peace of mind while you discover which type of investing works for you.
Some of us have been down the advice path and decided to give it a go for various reasons and choose the self-directed investing path. Self–directed investors are engaged in trading stocks, bonds, funds, bullion and crypto currencies to name a few. They have their own accounts with brokers and use online trading accounts. They make their own decisions and choose what stocks they are buying and time the buy and sell.
Tools for DIY investors
- Set goals both for their life and their investments
- Trading plan to get them into and out of a trade
- Understand fundamental analysis and research the companies there are planning to invest in
- Charting program to be able to do technical analysis
- Trading platform to buy and sell
- Portfolio tracking and reporting tool
Are you better off using an efinancial intelligence analysis expert to safeguard your money? Analysts take a broader view of the economy, the markets both on the domestic front and around the world.
Analysts have the knowledge and experience having been around long enough to remember the pain of the Global Financial Crisis (GFC) and many others. Good analysts know when stocks are overpriced and when to move into cash. You may miss out on some short term gains but protecting your capital base is uppermost in a good analysts mind.
The market never stays the same. Investors need to be able to know which direction the trend of the market is heading. Recognizing if the market is consolidating, going up or going down and knowing what to do at these points is key to being a successful investor.
Do self-directed investors have the necessary experience to do the research to make informed investing decision? Are you better off using an expert analyst to safeguard your money? Roger Montgomery, founder and Chief Investment Officer of Montgomery Investment Management, answers these questions and shares his analysis of the strong market.
SUMMARY
3:36 Directions from experts
4:27 You need balance
5:50 Mark of maturity
7:30 Goldi Locks conditions
9:25 Hard to find good value ratios
14:30 Shares expensive
17:00 Growth in China
21:00 Can you do the research
To connect with Roger online
Have you listened to the last episode of Retire Well Retire Happy Podcast?
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