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It seems like the only automated replication that you can elect to use is upon sell. Are there plans to replicate buying as well? No doubt you're familiar with
by biot 11y ago
It seems like the only automated replication that you can elect to use is upon sell. Are there plans to replicate buying as well? No doubt you're familiar with how other sites work: decide to "follow" an investor and your funds are effectively pooled into theirs and executed automatically on your behalf... at the cost of some percentage as management fee. I'm curious as to why you've chosen the model you have.
- skhatri11 11y agoMany sites have gotten it wrong my doing auto buy. We built Instavest for ourselves. I don't want to give someone else a pile of my hard earned money and let them make investments without my approval. Additionally, I want the option to find investment "gems". That is, one off opportunities that I resonate with for any number of reasons. By sifting through a list of curated investments and choosing whether or not to buy in, I preserve my right to manage my money and do what I think is right for my risk / reward profile. M