MarketRiders – Investing Made Easy
Today we stumbled upon MarketRiders when we were looking for a fund manager with a low fee. The headline was “Say Goodbye to Wall Street and High Fees”. That got our attention and we decided to explore the site in detail.
The first thing we saw was that the site doesn’t hide any information and pretty much tells you about the whole market operations and how investors are milked for money if they are not prudent in their investments. The site advices professional to invest in Exchange Traded Funds (ETFs) which basically spread your investment over a much larger base of stocks than investing in one. The site also provides coaching services like professional advice in portfolio management.
They also have an E-Adviser software which uses intelligent algorithms to alert you about the building and successful management of your portfolios. They are charging 0.5% on using this service which is a lot less than what is usually customary. All in all something worth giving a try.
Socially!