Back in the day, the results of your investments are dependent on your fundamental and technical analysis. Great traders or investors need a strong foundation in fundamental or technical analysis to have good results. To make a killing in the market, you have to devote a lot of time to studying the market.
Most Filipinos don't want to spend time studying and learning how to invest in the market. The lack of knowledge and misconception of risks in stocks scares most Filipinos from investing their savings. If you don't have time to learn how to invest, there are several ways you can invest and still get similar results as the experts.
Invest in Funds
Invest in Mutual Funds, Unit Investment Trust Fund (UITF), or Exchange Traded Funds (ETF). These professionally managed funds are invested in different markets and offer investors diversity at a low price.
Invest in Indexes
Investing in indexes is like investing in the whole market. Unlike the funds mentioned earlier, indexes represent the market as a whole. Indexes include both the stellar and inferior performing stocks.
Use Copy Trade on Etoro
Etoro is for people who prefer to choose and interact with the people who will manage their money. Etoro allows its users to copy professional traders within their platform. With its vast resource of traders, users can pick a trader best suited to their needs and risk appetite.
What sets eToro apart from the methods above is the interaction between the trader and the users. Unlike funds, investors have no way to interact with the fund manager. Being able to interact with traders managing your money reduces fears during corrections.
Copy trader allows its users to switch investors with ease. If you decide to stop copying a particular investor and copy a different investor, it happens within a few seconds.
The methods mentioned above are ways to invest your money and get results similar to professional investors. Whichever method you choose, all of these methods can provide returns identical to professional investors.