The average investor’s rate of return is only 4%1 vs the 10% average of the S&P 500.2 Historically, a low-cost index like the S&P500 has outperformed the average retail investor.
The average investor’s rate of return is only 4%1 vs the 10% average of the S&P 500.2 Historically, a low-cost index like the S&P500 has outperformed the average retail investor.
Warren Buffett is widely considered the greatest investor of all time. Beginning with $1143, he built a fortune of over $100 billion.4
His strategy, known as value investing, is credited by many successful investors as the key to their success. It is about buying company shares at a price below their intrinsic value.
“The single greatest edge an investor can have is long term orientation.” – Seth Klarman
Warren Buffett has said that the reason why most people won’t follow his approach is because no one wants to get rich slow.5 Investing $30k over 50 years with the right approach can mean the difference between a $100k, a few million or even a few hundred million dollars.
“The world is full of foolish gamblers, and they will not do as well as the patient investor.” – Charlie Munger
Gambling on stocks is a losing investment bet.6 Less gambling and more focus on patient investing is one of the keys to success.
“The most important quality for an investor is temperament, not intellect.” – Warren Buffet
Warren Buffett credits much of his success not to high IQ but to the right temperament. He believes that most investors fail because they lack the patience and discipline needed to be successful.
“The more you learn, the more you earn.” – Warren Buffett
Becoming a great investor is an ongoing lifelong process. As both Warren and Charlie remind us, the goal is to go to bed a little wiser every day.
ESG investing has been criticized for it’s lack of transparency and meaningful impact.
Mogo helps you make a positive impact every month whether you make a trade or not.
Partnership with:
“Price is what you pay, value is what you get” – Warren Buffett
Although you can save thousands of dollars in fees with Mogo the big impact comes from improving your returns. As little as a 1% improvement could be worth millions.
Our pricing model can also help save you thousands of dollars in fees depending on the amount you trade and convert between CAD and USD.
Mogo vs Commission Free Trading app:
36% savings (the more $ in USD trades you do, the greater your savings). If for example you traded $50,000 USD in a year, you would save over $600 in fees.
Mogo vs big bank:
65% savings (the more you trade, the greater your savings). If for example you traded 40 times in a year and converted $20k, you would save over $600 in fees.
Your accounts are held by CI Investment Services and are protected up to $1,000,000 for all general accounts combined, plus $1,000,000 for all registered retirement accounts combined within specified limits in the event of its insolvency by CIPF.
MogoTrade inc. is a member of the Canadian Investment Industry Regulatory Organization (CIRO).
Mogo uses 256-bit SSL encryption to encrypt and protect the information you share with us.
Mogo is trusted by more than 1.8M+ Canadians committed to building wealth and fighting climate change.
Mogo has been publicly traded on the TSX and Nasdaq since 2015.
Easily access our dedicated Mogo member support team right through your Mogo app.