To be financially well and healty you need to find fund manager

[passwordnow]

My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone?
There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.

It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor.
But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.

There are those people that are stocks investor and yet they've chosen to have a fund manager. Without knowing, their profit is being deducted just to pay that fund manager that they've hired. They've thought that it's a service for free but no way, there's no free anymore for a service.
That's why whether you're a stock or crypto investor, it's better for you to know what you're investing so your profit won't be allocated to anyone that you're hiring for their service.

[Silberman]

I don't think I have such amount of funds yet to require the services of a third party,  I can make my decision to invest just fine, I agree not all my decisions will come out positive but that's okay because we always learn from our mistakes, if I entrust such important decisions in the hands of another, I will never understand anything and will completely depend on others which imo is not right, The rich may be doing it buy it doesn't mean if don't require this service you can't make it on your own.

And you do not really need it, just by being on this forum we can make some assumptions about your level of knowledge about the economy, and believe me most people here are way above the average person when it comes to that, so the simple strategy of buying bitcoin and then holding it is going to bring you more profits than what most money managers can offer you, and the ones that could offer you more probably need a minimum investment of millions of dollars so they are out of our reach anyway.

[aryana42]

how far can we trust others in managing crypto funds. for example, BTC keys are advised to be kept secret, so that some say what if I die and what my BTC future will look like. This is a small example, it is very difficult for everyone to leave their money to be managed by someone else, unless there is a law. whereas Crypto stands alone, in case of mismanagement of money, we cannot sue them.

[budi12]

if you are a person who has assets everywhere and is not able to manage them all, yes to me you can. it is very good for you to leave it to the manager. but for those who only have standard wealth and are able to manage themselves for me there is no need to bother paying their salaries. never be lazy, because the purpose of work is to make ends meet.

[Silberman]

if you are a person who has assets everywhere and is not able to manage them all, yes to me you can. it is very good for you to leave it to the manager. but for those who only have standard wealth and are able to manage themselves for me there is no need to bother paying their salaries. never be lazy, because the purpose of work is to make ends meet.

That is the thing, money managers do not work for free, and after all why should they, right? However the more costs you add to whatever investment strategy that you are using the smaller the profits you could get, this is why the richest persons alive do not really use a money manager and do all their investment decisions by themselves, this means that it is imperative that we learn how to do that ourselves as well, as not only it will increase our profits over the long term but it will reduce our costs as well, which is just as important.

[Vaskiy]

if you are a person who has assets everywhere and is not able to manage them all, yes to me you can. it is very good for you to leave it to the manager. but for those who only have standard wealth and are able to manage themselves for me there is no need to bother paying their salaries. never be lazy, because the purpose of work is to make ends meet.

That is the thing, money managers do not work for free, and after all why should they, right? However the more costs you add to whatever investment strategy that you are using the smaller the profits you could get, this is why the richest persons alive do not really use a money manager and do all their investment decisions by themselves, this means that it is imperative that we learn how to do that ourselves as well, as not only it will increase our profits over the long term but it will reduce our costs as well, which is just as important.

This is needed one for people who hold funds atleast in millions. For common people who hold small volume of investments there is no need of fund manager in my view. Everything is a learning, the small experience gained out of our own experience could make thyself a fund manager. The market is in need of potential people, and fund managers mostly accept certain percentage of profiting apart from the salary.

[famososMuertos]

Come on! that one reads your OP and ends up thinking ... crypto investments are not rocket science, at least not to start with an asset like bitcoin, what is needed is common sense, to find out as much as possible and then decide whether to invest a few dollars.

If you are going to invest thousands of dollars, I think that most of the people have the ability to decide in the corresponding actions, most of them have them when you have bought an asset of value any, so course there is a bit of judgment in making decisions.

Finally. Learn on your own even if you are going to use an investment management company, you should know what they are talking about.

[24Kt]

Come on! that one reads your OP and ends up thinking ... crypto investments are not rocket science, at least not to start with an asset like bitcoin, what is needed is common sense, to find out as much as possible and then decide whether to invest a few dollars.

If you are going to invest thousands of dollars, I think that most of the people have the ability to decide in the corresponding actions, most of them have them when you have bought an asset of value any, so course there is a bit of judgment in making decisions.

Finally. Learn on your own even if you are going to use an investment management company, you should know what they are talking about.

Also, if you are talking about small funds, you don't need a fund manager to take care of your financials. Only those with so much wealth and those with no time are getting their own fund managers. But if you are just a regular crypto user with small to average funds, you can very well take care of your portfolio. And as you said, it is better to learn on your own, because it will help you understand what is really going on with your money. In that way, you can easily decide whether to pull of or retain your money to specific investments. And it means, you are not in the blind spot here.

[traderethereum]

Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

If you have too much money but you can't manage your finances, it can be dangerous. at least know good money management. because it must be admitted that hiring someone who is an expert in finance and investment is not a cheap thing.

If you want to hire someone who is a finance expert, you must be very selective to find that person and it is better if we really know who he is and everything else about him so we can trust him to manage our finances.
I see many samples from other people who hire a local accountant but then their accountant is run away with the money so that is why we really need to be careful giving trust to other people.
We can trust our family to manage the finances, but we still need to double-check their ability because if that is related to a lot of money, someone can change against us, no matter how and what they will use.

[kapalmabur]

Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

If you have too much money but you can't manage your finances, it can be dangerous. at least know good money management. because it must be admitted that hiring someone who is an expert in finance and investment is not a cheap thing.

When we have and can make a lot of money I don't think it will be a problem to hire someone to manage the finances,
but if it is not possible we can try to learn about managing finances well,
there's nothing wrong with trying to learn it and you need to be patient too because everything takes a process

[breathlessz]

Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

If you have too much money but you can't manage your finances, it can be dangerous. at least know good money management. because it must be admitted that hiring someone who is an expert in finance and investment is not a cheap thing.

When we have and can make a lot of money I don't think it will be a problem to hire someone to manage the finances,
but if it is not possible we can try to learn about managing finances well,
there's nothing wrong with trying to learn it and you need to be patient too because everything takes a process

Financial management does seem easy, but not everyone can do it well. most of them can not resist the desire that is not really needed, so there is an increase in spending, and finally we become shocked at the expenses that are felt to be a lot. if you really need a financial manager then there's nothing wrong with it, it all depends on each individual

[geegaw]

Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

If you have too much money but you can't manage your finances, it can be dangerous. at least know good money management. because it must be admitted that hiring someone who is an expert in finance and investment is not a cheap thing.

When we have and can make a lot of money I don't think it will be a problem to hire someone to manage the finances,
but if it is not possible we can try to learn about managing finances well,
there's nothing wrong with trying to learn it and you need to be patient too because everything takes a process

Exactly, when we have so many assets, hiring a professional is just a hair of that part of the property and above all, the assistance of a financial manager saves us time, even just by looking at their work reports we already know how our spending and investments have turned out for the year. However, getting to such a level is probably often the case with millionaires and billionaires as well as international corporations, small communities and ordinary employees like us who do not possess a wide variety of assets, no need for a counselor, an effort from personal study is more than enough to meet a healthy financial need

[TheEconomists]

Well it all depends on the school you graduate from and the most important thing is the course you study while in school that will determine your level of financial and risk management.

[TheNineClub]

All what the rich are doing different then you is they manage their finances smart ways...that's a huge oversimplification of the issue. That's definitely not all the rich are doing. Some of them have come from wealth and have both financial stability to play with investments and acquaintance in the field. Others have just been t the right place at the right time. So it's not a cookie-cutter situation. And what's the definition of financially well and healthy? That is not a one size fits all thing as well. 

[molsewid]

Well it all depends on the school you graduate from and the most important thing is the course you study while in school that will determine your level of financial and risk management.

Actually, financial management or financial literacy are not directly taught in school not unless you're course in college are more focused on how to manage financial aspect but in my case, since my course is far from financial management this kind of educational aspect was not taught. For me, I believe that financial literacy comes from you, it comes on how you would go to educate yourself about the financial aspect, for me, it is a self-learning aspect of education. The fund manager is in need, I believe so, but if you can't afford to pay for a fund manager then it is much less in cost to educate yourself.

[teosanru]

Even you are not interested about managing your wealth right ways this something whats important.
Sure you look at the rich and wealthy ferrari lambos...bentleys but u dont realise one thing.
All what the rich are doing different then you is they manage their finances smart ways and as soon as u do it same the quite same future will wait for you.
First thing is find someone from your social circle who knows how to manage investments stock market crypto and gold...forex and he or she have some skills and quite stable history of growing profit dont look of those who just got lucky to buy shiba...lol look for those who knows about finances as instutional rules wall street and can do good portfolio management and who knows about risk managent.
Look for those contacts give them funds to manage or get financial advice and you will see your wealth situation will going better step by step.

Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

Finding a professional fund manager for even a 1 million dollar Folio won't make sense at all, the ROI that you would be getting for such a portfolio won't even be enough to compensate the fund manager's fees, moreover there is no way you can trust a relative with all your portfolio, these days everyone acts as if they are a fund manager, they will spit two intelligent things about the market and act as if they are market gurus. I suggest you to do your own research rather than trusting anyone else with your portfolio.

[Ebede]

You don't really need a fund manager if you really want to be financially healthy.
All you need is the right strategies, planning, double or triple income.
Is your money working for you ? Yes hen you have chances of becoming financially stable.
Be disciplined enough to avoid material things,they don't teal matter.

[awik p]

I personally don't seem to need a fund manager to manage my finances, because I can still manage it myself, unless I have a lot of assets and are too busy to manage finances because of the many needs that must be met. so in my opinion as long as we can control it ourselves, it should be managed privately, so as not to add to the burden of our needs, of course the fund manager costs are not small

[Gozie51]

I personally don't seem to need a fund manager to manage my finances, because I can still manage it myself, unless I have a lot of assets and are too busy to manage finances because of the many needs that must be met. so in my opinion as long as we can control it ourselves, it should be managed privately, so as not to add to the burden of our needs, of course the fund manager costs are not small

The reason for fund manager is simply the obvious, that either there is too much assets to control and or that someone is too busy to control what they have. It is always that being busy means that there is a lot in your hand to manage and therefore you need a helping hand to help in business.

[Silberman]

I personally don't seem to need a fund manager to manage my finances, because I can still manage it myself, unless I have a lot of assets and are too busy to manage finances because of the many needs that must be met. so in my opinion as long as we can control it ourselves, it should be managed privately, so as not to add to the burden of our needs, of course the fund manager costs are not small

I doubt that money managers are that necessary to begin with, if you do not have money then you cannot pay for a money manager and it is not like you actually need one as you have no money, but if you have money to manage then that means that you were smart enough to manage your time and money so you could become rich, tell me do you think a person like that needs a money manager? Of course not, if the money manager was as good as they think then they will be rich by themselves and will not need to manage the money of someone else.