There are so many investment options and financial products. Advertisement and marketing make it really difficult to make a decision. Most importantly, very often, it makes us make the wrong decision.
In this article, I am going to discuss about one option only and explain why it is really interesting than the most options advertised and off-course this is my personal opinion. (disclaimer) I am mentioning "in my opinion" because this is my opinion only and not any investment advice since I am not a certified financial advisor. The purpose of the writing is to let people know about it since I found it interesting and it might help some people to know about it.
Why it is interesting for me or why I think it is one of the most interesting option? Specially because this is my profile:
- Working a full-time job
- Do not have enough time to research and study stocks
- Want to grow the wealth gradually
- Want to take minimum risks
- Want transparency
- For me mutual funds and ETFs gave low return (though I have some investment in such ETF/Mutual fund to diversify my portfolio)
- I exactly know where my money is being spent and if there is any hidden fee or not
- Do not want to take time from work and my professional development
So the interesting option I am talking about is "Smart Portfolios" in eToro. If you already have an account you can go to "Discover Menu" and then you will find "Smart Portfolios". There are lot of options to choose from. You can check once you login. You can also check the companies, their share in the portfolio, profit or loss amount, performance of the portfolio and many more.
Here you can check the screenshot to get an idea.
So how am I doing it?
I picked three smart portfolios based on my interest and knowledge. Invested 500 USD each. The plan is to increase it each month since I have to by a minimum amount.
Please consider that this is not any investment advice. It is an investment opportunity that I found really interesting.
If you already have any experience with it, please share your experience and ideas. If you want to know more about my experience please mention. See you in the next article :) .