Hi, as with all investments, there will always be risk involved and the returns are not guaranteed.
there is also a wide range of their portfolio which is categorized under income or growth and how conservative or aggressive it is. so for 5% projected returns, it would depend on the type of portfolio you pick.
generally, for most robos, they are able to generate 5% returns for most portfolios except conservative ones based on past historical data.
of course, if you want higher returns, the risk of it dropping more would be higher as well. you should pick a portfolio knowing that you are able to stomach the potential volatility and sleep well at night regardless of what happens; dollar cost average/down cost average long term and you will be fine.
Hi, as with all investments, there will always be risk involved and the returns are not guaranteed.
there is also a wide range of their portfolio which is categorized under income or growth and how conservative or aggressive it is. so for 5% projected returns, it would depend on the type of portfolio you pick.
generally, for most robos, they are able to generate 5% returns for most portfolios except conservative ones based on past historical data.
of course, if you want higher returns, the risk of it dropping more would be higher as well. you should pick a portfolio knowing that you are able to stomach the potential volatility and sleep well at night regardless of what happens; dollar cost average/down cost average long term and you will be fine.