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Most platforms glorify the ease of self-directed trading but downplay the most crucial part: frequent trading not only costs you more fees, it often leads to losses

Mogo: Buffett Mode

by Mogo Finance Technology Inc.

What is it about?

Most platforms glorify the ease of self-directed trading but downplay the most crucial part: frequent trading not only costs you more fees, it often leads to losses.

App Details

Version
0.67.0
Rating
(963)
Size
188Mb
Genre
Finance Lifestyle
Last updated
September 28, 2024
Release date
December 21, 2021
More info

App Screenshots

App Store Description

Most platforms glorify the ease of self-directed trading but downplay the most crucial part: frequent trading not only costs you more fees, it often leads to losses.

Over 98% of stock professionals fail to beat the S&P500, so what makes you think you can? Outperformance demands not only patience, discipline, and hard work, but also a real edge. It takes guts to go slow, and do your own homework to invest for the long term. We’ve crafted an experience that helps you maintain that powerful mindset.

If you're not here to speculate, but serious about becoming a great investor like Warren Buffett, you’ll find a like-minded community here with Buffett mode:

Zero commission/FX fee
Unlike most trading platforms, we align our success to yours with a simple monthly subscription. We’re obsessed with your performance, not how much you trade. This fee structure can also save you money.

Behavioural Edge
Mogo leverages behavioural science to help give you the behavioural edge you need for long term investing success.


Long-term orientation
Mogo is designed to help give you the temperament you need to stay on track with your long-term goal. We help you visualize your goal and remove unnecessary elements that will distract you.



Gambling risk awareness
Mogo has been designed to help you recognize when you are gambling versus investing, make more thoughtful decisions, and minimize speculative behavior that tends to lead to underperformance.

Growth mindset
Becoming a successful investor is a lifelong learning process. Mogo is designed to help you learn and develop into a successful long term investor.


Sustainability and social impact
Through our partnership with Flashforest, you’re not just investing, you are also helping replant Canadian forests devastated by wildfires and restore vital ecosystems.

Mogo: Your behavioural edge to outperform.

Legal
Your investment account is opened with MogoTrade Inc. (“MogoTrade”), a member of the Canadian Investment Regulatory Organization. Customer accounts at MogoTrade are protected by the Canadian Investor Protection Fund (CIPF). The Mogo app is owned by Mogo Finance Technology Inc., a wholly-owned subsidiary of Mogo Inc.

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