Individual investment account now have unprecedented access to investment information and markets.detailed security statics and real-time news are easy to obtain online,which has leveled the informational playing field between wall street and main street.But although individual investors are constantly encouraged to ’do it themselves’,can they can manage their owninvestments as well as the professionals and withouout the assistance of paid advisors?More importantly,should individual investors go it alone?these are challenging questions that require honest self-evaluation to answer .let’s take a look how an investor can tackle this subject and help you choose an individualized opinion on the matter.The difference in wealth accumulation between these two return numbers is stagerring.Over 20 years, 100000$ investment would grow to nearly 450000$ if compouned at 7.81%,however ,that the performance differential had little to do with the returns of the equity mutual funds,which performed just shy of the index itself,but was most affected by the fact that investors were unable to manage their own emotions, and moved into funds near market tops while bailing out at market lows.If you determine that you have an essentially rational predisposition,you largely can control the emotional vestiges that remain by leaning on a process.You must develop some logical process that will maintain discipline in the face of emotion.
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An individual investment account, is an account type that you will open with an investment broker to give you access to different investments such as stock, bonds, among others. This is something you can't achieve with savings account. If you want to invest in stocks and bonds, then you will definitely need an investment account to help you achieve that purpose. It is of a great advantage, of course, to have this account opened with an online broker as online brokers will give you a hands on trading experience with their websites, or mobile apps.