Should I invest my money myself or should I have a fund manager do it and why?
I have roughly $20,000 to invest, I am not completely new to investing as I have invested small funds previously in mutual funds. I am very excited about the possibility of getting this right but I am equally very aware of the risk of getting it wrong.
It depends on your goal at this time but if you are looking to play safe and make regular returns then I would recommend an ETF, especially one that tracks a market index such as S&P 500. This way you don’t get to pay fees to fund managers. Alternatively, if you seek bigger action and high risk investments, in most cases you may not understand these so it may be best to have a fund’s manager to invest on your behalf. But anyway keep in mind that all active trading may come with risks that a diversified index portfolio like an ETF do not bear.