facebookAnyone has managed to convince your parents to let you manage their money to invest? - Seedly

Advertisement

Anonymous

09 Feb 2023

General Investing

Anyone has managed to convince your parents to let you manage their money to invest?

How did you do so- and how exactly do you payout the returns to your parents?

Discussion (22)

What are your thoughts?

Learn how to style your text

I think its easier to build your own portfolio, show the results to your parents and leave it to them whether they want to put in their money or not.

Probably better to share advice rather than help manage investment. Later lose all the hard earned money how???

Man of the Hour

19 Feb 2023

Man at Man of the Hour

Come on lah, unless I'm Warren Buffett I won't dare to ask my parents to let me manage their money. Later lose already really 对不起父母 leh.

You are their children, not agent. If you manage to profit, it's great. But if end up loss, that could be trouble. Focus on earning yourself. Can share with them good deals like SSB and FD which are less risky as a start and let them decide how they want to invest their money.

I did and i regretted. Convince them by showing past results. But past results not equal to future r...

Write your thoughts

Advertisement