Your time commitment will depend on whether you wish to build a long-term passive portfolio only or to actively trade the markets. We show you how to do both.
Building A Long-Term Portfolio
Setting up a long-term passive portfolio can be done within a few hours with regular contributions made automatically from your bank account each month.
Trading the Markets
You will need more time in your first 6 months to learn how to trade stocks and options. As you become more experienced and confident in analysing charts, we find students spend an average of 30 minutes to 1 hour a day monitoring the market. This does not mean that you need to give up your 9 to 5 job and become a day trader. Spending too much time in front of the screen each day leads to fatigue and makes you more likely to place bad trades which oftentimes lose money.
If you’re actively trading, you must also be prepared to spend an hour or two each week reviewing your trades. This is key to identifying any mistakes if your goal is to improve your performance and make more money.