I’m a huge fan of self-directed investing. Ever since I entered the stock market when I was 25, I’ve always managed my investment portfolio myself. Despite having no experience or education in finance at the time I entered the market, I’ve managed to grow a stock portfolio with patience, time, and self-directed learning. Truthfully, the best investment I made was in teaching myself the skills I needed to manage my money myself. Why it’s worthwhile to take on your own portfolio Investments such as mutual funds and robo-advisors are awesome if you want a totally hands-off approach to portfolio management. However, you do have to pay for it. Management fees might only be a few percent, but over your investing lifetime, they may eat up thousands, of dollars of returns on your portfolio. Choosing to manage your own investment portfolio will let you have control over your financial assets. And […]
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