What Is Titan Investing?
Titan Investing is a new investment platform that claims to offer a unique investment strategy. The platform is designed to help investors build wealth by providing access to a team of professional investors who manage their portfolios. The company was founded in 2018 by Joe Percoco, Clayton Gardner, and Max Bernardy.
How Does It Work?
Titan Investing uses a proprietary investment strategy that involves investing in a concentrated portfolio of high-quality stocks. The platform’s team of professional investors manages the portfolio, and investors can monitor their investments through the platform’s mobile app. The platform charges a flat fee of 1% per year, and there are no additional fees or commissions.
What Are the Pros of Titan Investing?
One of the main advantages of Titan Investing is that it offers a unique investment strategy that is not available through traditional investment platforms. The platform’s concentrated portfolio of high-quality stocks has the potential to generate strong returns over the long term. Additionally, the platform’s flat fee structure makes it easy for investors to understand the costs of investing.
Strong Performance
Another advantage of Titan Investing is its strong performance. The platform’s flagship fund, the Titan Flagship Fund, has generated an average annual return of over 25% since its inception in 2018. This performance has outperformed the S&P 500 index over the same period.
Easy to Use
Titan Investing is also easy to use. The platform’s mobile app makes it easy for investors to monitor their investments, and the platform’s team of professional investors manages the portfolio on behalf of investors. This makes investing simple and hassle-free for investors who may not have the time or expertise to manage their own portfolios.
What Are the Cons of Titan Investing?
While there are many advantages to Titan Investing, there are also some potential drawbacks that investors should be aware of.
High Minimum Investment
One potential drawback of Titan Investing is its high minimum investment. The platform requires a minimum investment of $500, which may be too high for some investors.
No Tax-Loss Harvesting
Another potential drawback of Titan Investing is that it does not offer tax-loss harvesting. Tax-loss harvesting is a strategy that involves selling losing investments to offset gains and reduce taxes. While this may not be a major issue for some investors, it is something to consider when comparing investment platforms.
Is Titan Investing Worth Your Money?
Overall, Titan Investing is a solid investment platform that offers a unique investment strategy and strong performance. While there are some potential drawbacks, such as the high minimum investment and lack of tax-loss harvesting, the platform’s advantages outweigh the disadvantages. If you are looking for a simple and hassle-free way to invest in high-quality stocks, Titan Investing may be worth your money.
