Most platforms glorify the ease of self-directed investing but downplay the most crucial part: frequent trading not only costs you more in fees, it often leads to losses
Mogo: Intelligent investing
What is it about?
Most platforms glorify the ease of self-directed investing but downplay the most crucial part: frequent trading not only costs you more in fees, it often leads to losses.
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App Store Description
Most platforms glorify the ease of self-directed investing but downplay the most crucial part: frequent trading not only costs you more in fees, it often leads to losses.
Over 98% of stock professionals fail to beat the S&P 500, 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 serious about becoming a great investor, you'll find a like-minded community here with Mogo. Join now and gain access to:
- Zero commission/FX fee trading: Unlike most trading platforms, we align our success with yours through a simple monthly subscription. We're obsessed with your performance, not how much you trade. This fee structure can also save you money.
- A behavioural edge in investing: Mogo leverages behavioural science to improve your edge needed for long-term investing success.
- Tools for long-term goal focus: Mogo is designed to help give you the temperament to stay on track with your long-term goal. We help you visualize your goal and remove unnecessary elements that could distract you.
- Gambling risk awareness: Mogo helps you recognize when you're gambling versus investing, make more thoughtful decisions, and minimize speculative behavior that tends to lead to underperformance.
- Support for a 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.
- Investing with social impact: Through our partnership with Flashforest, you're not just investing; you're also helping replant Canadian forests devastated by wildfires and restore vital ecosystems.
Mogo is a part of Intelligent Investing, which includes access to Moka and FinChat Pro (typically priced at over $100/month) at no additional cost. To find out more, visit intelligentinvesting.ai.
Legal
- Your investment account is opened with MogoTrade Inc. ("MogoTrade"), a member of the Canadian Investment Regulatory Organization (CIRO).
- 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.
- The calculation of the graph is based on a 20% annual return at age 80 with a $60,000 amount using our wealth calculator available on our app.
Also, see sources of the above data used for the calculation:
This Stock Has Averaged a 20% Annual Return Since 1965:
www.fool.com/investing/2020/04/16/this-stock-has-averaged-a-20-annual-return-since-1.aspx
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