Wise Investor? ๐Ÿ’ก

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Wise Investor?ย 

We asked the Invstr community who made most of their investment decisions, and boy did we get our answer!

  • 76% You
  • 10% Family member
  • 1% Employer
  • 6% Financial advisor
  • 7% The pet!

Well, that was unanimous! In times of great peril, the only person you can trust is yourself. After being paid at work, nobody wants their manager to remain the boss of their money, and family members should apparently mind their own business!ย 

Without self-belief, the Invstr community couldnโ€™t routinely bet against the crowd and earn outsized returns. โ€œThe little guyโ€ has been empowered to take control of his own finances and not leave them in the lap of the Gods, or indeed the lap of a financial advisor (FA). The community has more faith in its animal companions to properly manage a 401k than it does an expensive professional! FAs have the book smarts, but they could also make you pay for things you could easily do yourself. Your pet would never do such a thing!

Ultimately on the stock market, weโ€™re turning far-away business leaders into the true wardens of our invested money. Theyโ€™re sat in the driving seat of our destiny, and most investors passively accept that. However, the growing popularity of dividend-paying stocks and increasingly short-term investing back up our poll. Folks want control what’s their. Is this rational?

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visaยฎ Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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