Every so often a new trading outfit pops up with a seemingly new idea, but there’s often a similarity to what’s out there already or a catch that makes the purported benefits match the hidden downsides. Â However, I’ve been impressed with what I’ve seen with Instavest’s model thus far. Â Here’s why: Â What’s the biggest pet peeve of mine? Â It’s investors, media types and prognosticators who make bold predictions, then bury their losers and highlight the winners – all the while probably doing no better than the market or worse during the long term. Â So, how do you identify the true, consistent winners? Â Those that can actually consistently generate alpha and have the transparency and timeliness in reporting to benefit from it? Â Now you can.
How Instavest Works:
Consider lead investors, and their followers (you could be either).
- Lead investors have their trades tracked and published on Instavest which draws the attention of followers who are watching their performance.
- If interested in following a lead investors, a new investor can invest in the same trades, with the suggestion that a small portion of profits (not actual trade value, but just profit portion) be blocked out. Some goes to lead investor, some to Instavest – hence, everyone wins.
- As a winning lead investors, you can make money not only from your own profitable trades but from that of your followers as well.
- Trades are only $3.49 (additional fees may apply) through Tradier Brokerage, Inc.
- Tradier is a member of FINRA which is a key criteria for any investor to look for.
Why Instavest is Likely Better than NewsLetters, CNBC and Blogs
As I mentioned before, this is all about transparency. Â When you know what someone is trading and when – and they put their money where their mouth is, they will sink or swim on their performance. Â CNBC? Â They keep dragging out the same sensationalized TV-ready talking mouths that make the same predictions without much regard for whether their prior predictions have actually come to fruition. Â And many of these talking heads load their predictions with qualifiers. Â For instance, Dr. Doom has been calling for a market crash for so long now that the market has more than doubled since his predictions in 2010 and beyond. Â However, if and when there is finally a correction, even if 3 more years down the road, he will proclaim, “See, I was right!”. Â But what’s his performance been over the past several years? Â I can’t imagine very good. Â The same goes for many bloggers who selectively and retroactively share their trades and the newsletter game is a whole post unto itself.
Bottom line – check it out. Instavest. Â It’s interesting – and may just make you some money!
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