No matter what your career, we are all stretched for time. When time is precious, sometimes life’s most important decisions get pushed to the back burner. Things like saving for your future and investing in stocks are often not prioritized. Here is one way that has helped numerous people like yourself start investing in stocks and growing wealth.
When you first start investing, it is a good idea to look for firms who are low cost and let you invest less upfront. This where robo-advisors come in, they make investing affordable and easy with the help of technology. But with the wide variety of them available online, how do you determine which is right for you? Most robo-advisors stick your money in a mutual fund or ETF[1] and let it grow. This is something that is not very difficult to do on your own and might not be worth paying for. But there are also robo-advisors such as Emperor Investments that can create a tailored investment plan with individual stocks designed to meet your needs.
It is also important to consider that there is always risk with stock investing (and most other investments) – but there are ways to manage that. The method that Emperor utilizes is different from others. First, their technology filters through stocks to find ones with a long history of paying consistent dividends among other proprietary criteria. Then their security analysts do a deeper dive and look for things that technology can’t assess yet, such as quality management, strong value propositions, and so on. Finally, Emperor gets to know you and their technology picks stocks from this refined pool that are fairly-valued and meet your needs.
As you can see, entry into the stock market does not need to be complicated, and you don’t need a degree in portfolio analysis to determine what is going on. Technology is the way of the future and the algorithms and people that choose the investments at Emperor utilize techniques that are far more complicated that the average investor needs to know.
In my opinion, when time is of the essence and you want to start equity investing, robo-advisors are here to stay. As an added bonus for our readers, Emperor Investments has graciously offered a 6 month free trial here.
As a final thought, there is always the option for the DIY method of stock investing, but when time is precious, and you would rather leave this handled to the professionals there are solutions available. As I am no expert in stock evaluation, you should only invest what you can afford to lose.
[1] Mutual Funds and Exchange Traded Funds (ETF’s) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.