Post by account_disabled on Mar 6, 2024 6:09:53 GMT -5
Savings in a checking account are losing value. In June, for example, savers' money reduced its purchasing power by 1.9% year-on-year due to inflation, despite the fact that there are multiple ways not only to avoid losses, but also to invest and make savings profitable. Robo advisors, for example, are an attractive solution for those who want to invest, but don't know where to start. It is a team of financial experts who design portfolios of investment funds, ETFs or pension plans, adapted to different risk profiles. In addition, they invest the money on behalf of the saver and use technology to carry out the execution. financial expert fake images Although they are not yet so common in Spain, the financial comparator HelpMyCash.com claims that robo advisors are the most popular investment tool among Americans who are venturing into this world for the first time.
Their popularity is due to the multiple benefits they offer investors. And what are these benefits? very low commissions The commissions of independent robo advisors—those that do not belong to Job Function Email Database a bank—range between 0.5% and 0.7% of the invested balance. This represents, according to the robo advisors themselves, up to 85% less compared to the commissions charged by banks or financial managers for investing in a portfolio. For example, one of the robo advisors with the lowest commissions is InbestMe, which charges only of the invested balance — it includes both the management commission and that of the funds in which it is invested and that of the entity that custody of the investment—and offers one year without a management fee up to the first 15,000 euros. In contrast, many banks charge more than 1.5% just for a handling fee, according.
Portfolios A golden rule of investing is to diversify the portfolio, that is, distribute the investment among several assets, so that if one loses value, that loss is offset by the increase in value of the others. This is especially relevant for those who are new to investing, as it minimizes the likelihood of losing invested savings. In this sense, robo advisors invest savings in highly diversified portfolios, ranging from shares in variable income investment funds to shares in fixed income funds. In addition, they invest in different markets, such as the United States, Europe or Japan and in different sectors. The composition of the portfolio depends on the level of risk that the investor is willing to assume. helpmymoney helpmymoney For a more conservative profile, who is not willing to take big risks, the portfolio in which they invest through robo advisors is mainly oriented towards fixed income investment funds.
Their popularity is due to the multiple benefits they offer investors. And what are these benefits? very low commissions The commissions of independent robo advisors—those that do not belong to Job Function Email Database a bank—range between 0.5% and 0.7% of the invested balance. This represents, according to the robo advisors themselves, up to 85% less compared to the commissions charged by banks or financial managers for investing in a portfolio. For example, one of the robo advisors with the lowest commissions is InbestMe, which charges only of the invested balance — it includes both the management commission and that of the funds in which it is invested and that of the entity that custody of the investment—and offers one year without a management fee up to the first 15,000 euros. In contrast, many banks charge more than 1.5% just for a handling fee, according.
Portfolios A golden rule of investing is to diversify the portfolio, that is, distribute the investment among several assets, so that if one loses value, that loss is offset by the increase in value of the others. This is especially relevant for those who are new to investing, as it minimizes the likelihood of losing invested savings. In this sense, robo advisors invest savings in highly diversified portfolios, ranging from shares in variable income investment funds to shares in fixed income funds. In addition, they invest in different markets, such as the United States, Europe or Japan and in different sectors. The composition of the portfolio depends on the level of risk that the investor is willing to assume. helpmymoney helpmymoney For a more conservative profile, who is not willing to take big risks, the portfolio in which they invest through robo advisors is mainly oriented towards fixed income investment funds.