How to start investing online in 10 minutes (or less!)
Each portfolio is closely monitored and managed by experienced investment professionals.
What’s stopping you from investing? Maybe you’re not sure how to start, or maybe you’re afraid of making a mistake and losing your hard-earned money. But investing doesn’t have to be confusing – in fact, you can get started in just two simple steps.
Imagine if you could learn how to start investing right now, and get set up in just 10 minutes, without having to get a degree in finance. Well, with online portfolio management services like SmartFolio, you don’t have to imagine it.
How to start investing online in two simple steps
Step 1: Find an all-in-one online investing service.
BMO SmartFolio is one of the most popular online investment platforms in Canada. You can literally just “set it and forget it” – though of course you can check in and see how your portfolio is doing anytime, using your desktop or mobile device.
Its diversified portfolios are managed by real people, so investing online doesn’t mean investing alone. You can set your online investing account to automatically pull money from your savings , making regular contributions pretty much effortless.
Real people, not robots
Get set up in 10 minutes or less
Signing up is a breeze. It takes just 10 minutes or less, and you can do it all from the comfort of your home. If you’re not currently a BMO customer, you may be asked to visit a BMO branch to verify your identity or upload scans of your documents online.
The application includes some questions that are a bit like a financial personality quiz: are you the type of person who doesn’t mind risk, or do you tend to be more cautious? Once you finish the quiz, you’ll be matched with a model ETF portfolio selected to fit your financial goals and profile. From there, all you need to do is enter your details and open your account.
How easy is that?
Step 2: Decide what you want to do with all your free time
Ready to start investing?
Now that you know how to start investing online in just 10 minutes, all that’s left to do is open a BMO SmartFolio account. If you still aren’t sure, get in touch with a SmartFolio Advisor – they’ll be happy to answer your questions.