Want to learn how to simplify your investing process?
Take advantage of special tools and approaches to automate your investments. Here are a few steps to help you do just that:
Pick an automated investment platform: Online services such as robo-advisors can create an investment portfolio for you, taking into account your goals, risk level, and time horizon.
Develop an investment plan: Determine your financial goals and time horizon to choose the right types of investments.
Open an automated investment account: Register on the platform and set up an account to automatically invest in selected assets.
Set investment parameters: Determine the investment amount, frequency of transactions and assets to invest.
Follow your plan: Automated platforms will execute investments according to your settings, freeing you from the need to constantly monitor the market and make decisions.