Sumit Chanda, Founder and CEO of JARVIS Invest
We cannot imagine a single day of our lives without technology. It exists in every aspect of our lives. We use technology to commute (cars), consume (UPI) and socialize (social media platforms).
These days, investors are using technology to help them make better and smarter investment decisions. Advanced technologies such as machine learning (ML) and artificial intelligence (AI) enable anyone to become a successful trader and long-term investor without having to spend days in front of a computer screen analyzing stocks. Now
How can technology help you be a successful investor in the long term?
If you want to be successful in stock investing, you need to follow two steps. The first is choosing quality stocks at the right price. Then let go of stocks that can eat up your capital. All of these procedures require a certain level of expertise and are not suitable for everyone. But today, with AI-driven platforms, these steps are very easy. Technology-driven platform recommends stocks based on risk profile and investment horizon. What’s remarkable is that the technology doesn’t stop there.
Long-term investments require regular monitoring of portfolios to minimize risk. Most investors will be bowled clean by this step. Technology helps investors play long innings as it continuously monitors the portfolio and eliminates all risks.
Another important aspect of long-term investing is portfolio rebalancing. Most investors know that their portfolios need to be rebalanced regularly. However, when it comes to actual implementation, it is quite difficult. To strike a balance, some equity must be parted and capital reinvested in other companies. Most investors are unable to make the right decisions here. With technology, investors don’t have to make any effort. Tech-minded people scan stocks with millions of data pointers and recommend what to sell and what to buy at the right time.
Is technology only useful for new investors and not experienced investors?
When discussing technology in investing, the first impression is that it is only useful for new investors. But it’s not. Even experienced investors can use technology to make their lives easier. They may have all the resources for their investment, but with additional tools the returns can vary significantly.
Unless you’ve driven a Tesla, you can’t understand what it means to drive a technology-driven car. Similarly, veteran investors don’t know what they’re missing unless they use technology to invest.
Many hedge funds use technology to manage their money, which is better than human-driven hedge funds.
Advantages of choosing a technology-driven model
Choosing a technology-driven investment model has many benefits. It’s not just high yields. Using technology to invest makes the whole investment process much easier.
Technologies like natural language processing and voice recognition allow investors to access financial data, market insights, notes, and search for undervalued companies, all in real time. Robo-advisory makes it easy for investors to manage their investments and buy the right products. Traders can find stocks to trade with just a few clicks.
Almost all new investors and some veteran investors fail to manage stock market risk. The main reason is that most investors do not have a risk management strategy or system. Our advanced technology-driven model incorporates risk management systems to assist traders and investors in their respective journeys.
What the numbers say – is the technology better?
Ultimately, all investors want the best possible return on their investment. How much return will your investment generate compared to the benchmark? A key point that investors overlook when comparing returns is that you always have to compare apples to apples. Knowing your risk profile is the first step in investing. Therefore, if you are a conservative investor, always compare your benchmarks to large-cap or hybrid funds.
Jarvis Invest is an AI-driven platform that investors use to generate returns that beat their benchmarks. With a mixed risk profile, Jarvis can beat the NIFTY50 return 14 times over the past 17 months (Jan 2021 to May 2022).
If you have the right technology and a platform that takes full advantage of that technology, you will benefit both as a trader for short-term gains and as an investor for long-term gains. .
.
Comments
Post a Comment