facebookShould I get a financial advisor to help me invest in stocks or should I just invest into ETFs on my own? - Seedly

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Anonymous

15 Nov 2021

General Investing

Should I get a financial advisor to help me invest in stocks or should I just invest into ETFs on my own?

Pretty busy, so I may missed out on some months of RSP or market info if I invest on my own…

Discussion (5)

What are your thoughts?

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You can do ETFs on fixed regular timing. So you decide which time is good for you. There may be leakage in some months, but if it's important enough to you trust me you will do all you can to make sure it happens. Just like you decide to have dinner at 7pm everyday. Even if you are busy one day at 7pm you will have it either earlier 6pm or later 8pm.

Unless if you are super high net worth, where it may make sense to get someone to manage it full time for you

The right way of investing is one that doesn't require much time. 10min each week or month - how does that sound? (I know many on this forum may be spending more time than that but I believe that because it's their passion). No point going into investing if it requires the commitment of another full time job. If it's important to you, make sure you learn the right ways. Lots of references nowadays and Seedly is a good resource, IG too! Check out my IG @richlifewithdavid where I share more about money mindset and hacks.

Robin

16 Nov 2021

Administrator at SG

Problem is with the fees. This image is quite apt

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Getting a financial advisor to get stocks for you is the worst idea, if they could beat the market, ...

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