Is it a smart idea to move my assets to a Mutual fund? I don't have the time and energy to really monitor my stock picks as much as I used to so I was wondering what the best move was for someone like me.
After speaking with with USAA we agreed that if i was to switch I should move to a mutual fund so that my money "works for itself".
I would be going from Robinhood (I know, I know) to USAA on mutual fund: "USAA Cornerstone Aggressive Fund $UCAGX"
I have been a freelance investor on the side with a small amount of money I fronted up. In 2016 starting in march to today I cleared a growth of 8.83% on the ever so hated platform: Robinhood.
Recently I was approached by USAA (My current bank) and we talked about mutual funds and how they essentially are on auto-pilot so it'll be a worry free growth oportunity for me.
Now I Know this sounds good to me (An investing rookie) on paper, but Is it a smart descision, so far I feel like my picks have been good but I also feel like I may have just been getting lucky. Please Advise and help out a noobie haha.
Submitted January 05, 2017 at 07:27PM by Dalek5961 http://ift.tt/2hY4A28
