How to start trading

Ready to put your money to work? Here’s how to decide whether you want to be the captain, or what kind of co-pilot you want

Neil Jonatan 7 January, 2020 | 12:47AM

Runway

Starting to invest is similar to flying for the first time because both activities tend to take people out of their comfort zones. Once budgeting skills are developed, savers must conquer their fears and put their money to work. The next step is picking the right plane and crew for takeoff.

“You can be fully hands-on and fly the plane yourself, you can fly with the support of tools and a co-pilot, or you can be fully hands-off and do the autopilot,” says Silvio Stroescu, president of BMO InvestorLine.

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About Author

Neil Jonatan

Neil Jonatan  Neil Jonatan is a Toronto-based financial writer specializing in student finance, currently enrolled in the Journalism program at Ryerson University.