Now what you…Etoro Honeywell… need to keep in mind though is these potentially managed by other people entirely or often have created portfolios you’ve got a real person doing the management you need to ensure you select the individual that’s right for you similar to any type of work this is your monetary possessions so we absolutely require to make sure it’s the best individual for us prior to we copy them so the first things i would call it if you do wish to use this function we’ve got a couple of different options for us first of all if you’re brand new to investing i wish to draw your attention to this within you have the choice to invest real money or a virtual platform virtual ways i believe you get yep a hundred thousand dollars to play with and it’s not real cash that you’re investing you will not need to put in your credit card details or anything you can essentially have this virtual portfolio mimic as if you are using your own cash but in fact buy pretend buy copy individuals whatever you like if you’re not
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feeling comfortable with using your real cash maybe this is an excellent option for you once again to evaluate the theories okay you may want to purchase tesla or apple or this etf why not use the virtual choice as a way to sort of safe play with it obviously you might have lost out on gains and losses throughout that time naturally if you had actually invested your genuine cash it allows you to develop self-confidence understand the platform so that’s one alternative for you then next week and i’m going to go back to my real portfolio here now we’re going to deep dive really how to copy individuals and copy portfolios now here’s something to remember before you choose someone that you’re going to copy or a portfolio you’re going to copy make sure you understand what your threat profile is now what do i suggest by that certainly for me i’m investing long term and they tend to say the longer you’re leaving your financial investments the riskier you can be run the risk of simply implies am i alright with possibly losing a great amount of this investment or getting as
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well now remember everything is ups and downs you will earn money you’ll lose cash that’s why they make the fact 75 people will lose cash however that similarly suggests they’ll lose eventually in their journey undoubtedly people do make money as well and i’ve got videos everything about how you can make sure you are among the people to actually generate income however in this scenario make sure you research study your risk level would you be fine offering your cash to someone else which is successfully what you’re doing and trusting them ensure you comprehend what they’re buying fully if you’re someone who isn’t wanting to be that dangerous don’t select somebody who’s completely into crypto or currency conversion think about it you ‘d most likely want a backbone of strong commodities
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like gold and even oil plus more conventional etfs and index funds you might not want some up-and-coming single stocks in your portfolio do the same with who you’re following now as i say you can actually utilize this too truly quickly over here you can copy individuals now it will give you a lot of choices and you can use the system to in fact look for someone that you fancy really following so let’s see perhaps we desire somebody from joined kingdom um who invests in let’s see who does etfs they’ve gained a minimum of 10 yeah that sounds fair that sounds a good amount and i can find everyone who has met that criteria and it does provide you a threat element also so it tends to be the greater the number the more riskier they are with their stock investing now certainly there are a number of individuals that have quite high returns
remember it’s like anything to do with the news or forecasts of the future this does not suggest somebody will make 56 for you for the next 12 months they might make four or minus 50 there’s no chance to ensure so do keep that in mind and as easy as clicking the copy button and off you go and after that you know ask you to validate are you okay with this and off you go now another way to actually deep dive if we click on this person for example ruby mza as an example you can actually deep dive into what is she in fact purchasing so let’s go into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a bit so that’s excellent to know ibm paypal yep she’s absolutely like sort of into those blue box and the tech market she’s got some of mine actually that i buy too which is good so really for me understanding what i like to invest in my private stocks and shares she would resonate with me she’s got a great spread in tech business that seems to be what she prefers she’s also got a little bit more um of the kind of main food companies and you’ve got you understand pharmaceutical and production companies as that. Etoro Honeywell.
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