At the beginning of 2018 I came into some money through inheritance and decided that investing it would be the best option for me. Following the recommendations of a friend, and then after I read the Traynor Capital Management reviews, I decided to invest a large chunk of that money with the firm. Many had spoken about how positive their experience was and what great results the asset management company delivered, which is why I opted to give them a try. Capital management companies take your investment and they pool it wit the cash of other investors, they will then invest as they see fit, and you will see a return coming in.
If you are looking to invest as well, here is why I believe that using an asset management company is the best option.
Experience and Skill
The thing that initially made me decide to use a capital management firm was the fact that they had far more experience and skill than I could ever say that I had. The truth is that these guys and girls do this every single day, and they know much more about market opportunities than me. For me this meant two things, first that my money would be safer and secondly that I would have much better chances increasing how much I made.
Because of the fact that your funds are pooled with others, it gives the capital management company the chance to make larger and more profitable investments, it also enables them to offer you a high level of diversity in where you are putting your money. Ultimately an asset management company is an investment vehicle and that helps you to lower risk and increase possible gains.
On Your Terms
Given that this money was left to me by someone else, I was very keen on making sure that I didn’t go too high in terms of risk. What was great about using the capital management firm was that they actually ask you about how risky you wan your investments to be. I opted for mid-to-low range of risk, which means that I can count on a steady income from the investment rather than taking a higher risk approach which would yield more. For me it was much more about putting the money to work rather than taking a big gamble.
Out of Sight
Although I did want to invest the money, something which I wasn’t prepared to do was invest huge amounts of my time in monitoring those investments and making further decisions based on the movement of the price. Now that I am using a capital management company I find that I have no worries when it comes to this, and I have the confidence that the cash is doing what it should, and I will simply wait on a monthly report from the firm giving me an update.
This is a great option for all new investors.