Are you paying your fund manager for simple services that you could be doing yourself?
After learning about this stock bundling trick, you’ll wish you’d never fallen into the trap of hiring a fund manager to mismanage your money.
You see, all the funds that they claim to manage and invest in are immediately accessible to you, and you can avoid their hefty fees they claim they deserve.
Make today the day you stop paying someone else for a service that you could accomplish in minutes with this simple stock bundling trick…
Figuring out which stocks you should buy can be tricky if you don’t have any guidance. That’s the sole reason people turn to fund managers to manage their money for them.
Luckily for you, I’m here to expose a simple stock bundling trick that’ll beat your fund manager’s return, while saving you on the hefty fees that come with these “experts.”
Before I explain to you the trick that’ll help you manage your finances and push you to earn the wealth you deserve, I want to clear up what it is fund managers exactly do.
When you’re paying a fund manager to look after your money, they make you feel that they have the inside scoop into which stock is going to be the next big thing, which automatically makes you feel inferior to them.
They then find out which stocks are hot by talking to colleagues, or reading the news, and they buy shares of that stock in your name.
The usual pay-rate of a fund manager is an annual percentage of your portfolio, so the longer you keep your money in there, the more they get paid.
This is why you’ll hear people talking about the fund managers being the real crooks during the crash of 2008. Most of the managers during this time watched their clients’ money freefall until there was barely anything left.
Why would they advise you to pull your money out if they’re getting paid each and every day that they’re managing—or mismanaging—it?
Not all fund managers mean to screw you over, but it’s the nature of their job. They make money off your money.
The services they provide can just as easily be accomplished by you in no time.
The secret to the stock bundling trick lies in Exchange Traded Funds (ETF). Trading an ETF is like trading a basket full of stocks that have been put together by different financial companies.
There are ETFs that cover the entirety of the S&P 500 at an affordable rate (UPRO)—which provides a return of 3x the S&P 500.
There are also ETFs that cover certain types of stocks, like the Renaissance IPO ETF (IPO), which consists of stocks that are new to the market.
You’ll also find ETFs that cover big chunks of sectors, like the energy sector (XLE), the financial sector (XLF), the healthcare sector (XLV), and the retail sector (XRT).
The categories which the ETF market covers are endless. Trading ETFs is a great way to gain exposure to a lot of stocks, for a fraction of the price.
Not only are ETFs a great way to gain automatic diversification, providing you exposure to a multitude of different stocks, but they’re as easy to trade as a single stock, and all the same tools can be used to invest in them.
Most brokers allow you to trade on the ETF market in the same way that you’d trade stocks, using the exact same functions.
If you’re familiar with our articles you’ll recognize the term “stop loss.” The stop loss is a vital tool which allows you to automatically sell a share if it drops below a specified price.
You can use stop losses on ETFs, just as you would on stocks.
You can also see the volume at which the ETF is trading, just like you can in single stocks.
Most fund managers will simply purchase multiple different ETFs in your name, and sell you the idea that they’ve created a “personal and diversified” portfolio for you, when in reality they’ve ripped you off for something you could have purchased yourself.
Don’t fall into the trap of allowing a fund manager to scrape your hard-earned cash out of your hands. All you need is a brokerage account and a little bit of cash to become your own fund manager.
Plus, tools like stock recommendation services will guide you to wealth, and most of them perform a lot better than the fund managers do.
