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Kel Galavan

πŸ‘€ Speaker
799 total appearances

Appearances Over Time

Podcast Appearances

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

There's Interactive Brokers.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

There are as many platforms as there are insurance companies out there.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

So you have a huge choice and they are getting better.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

They are getting more sophisticated and they are getting more user friendly.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

But take your time with this.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

What will I see when I go on those platforms?

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

They'll each be slightly differently, but you will be able to see what's happening in markets.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

There's a lot of noise on them as well.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

And I think when somebody logs onto them first, it can seem like a lot if you're not familiar with it.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

But it's like getting into a car for the first time.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

You've indicators and lights and fog lights and buttons and you've rules in the road and you've pedestrians.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

You've all these different things going on and it's a lot.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

But once you get used to it, you kind of tune out the things that don't matter to you and you can focus on the things that do.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

And then the big thing then is just to keep tabs on things.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

Don't fiddle too much.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

Most of the work when it comes to investing is done before you even open the platform.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

The platform won't educate you.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

It is just the place where you go and buy your ETFs or your shares.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

From my experience, I tend to prefer the more boring apps.

Better With Money
New savings and investment scheme: What's in Simon Harris' plan?

I would be very wary of an algorithmic-led platform.