over 3 years ago • 1 min
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Our analysts at Finimize will tell you: people who invest in individual stocks tend to underperform the market.
On the other end of the spectrum, we have actively managed funds. That’s where a manager or management team chops and changes your portfolio for you. Those also rarely beat stock indexes over time – and that’s especially true when you account for management fees.
So if you are a new investor just getting started, what do you do? That's exactly what we asked two experts.
Kat Mann has been recognized as one of the most influential women working in fintech by Innovate Finance for the last two years. She is the Savings and Investment Specialist at Nutmeg.
Brian Byrnes is Head of Investment Advice and Client Success at Wealthsimple. He manages a team that works with regular people across the UK to build investment plans that reach their financial goals.
Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.