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Anonymous
Interested to hear more from those who invest using Robo Investing platforms like Stashaway, Autowealth, etc because I am interested to throw in about $200 per month to invest because I have zero financial knowledge and have no clue what to do when it comes to investing.
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My risk profile is 14% and returns have been satisfactory..I 1st put in a 1K lump sum follow by $500 and then $200 per month...Started only since April 2019...To answer the qns posted at comments
1) do you receive monthly dividend payouts? -- No , your dividends are reinvested...
2) Does putting in $100/month sufficient to see results actually? - Yes , since it is is recommended to keep on investing for 3 to 5 Years...It would depends on "what results" you want to see...money growing at 0.05% to 3.5% percent??Definitely..If the results you want to see is immediate and huge gains , then No..
Hope this answers your Question
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Using StashAway since Nov 2018 with about 11% gain. $500/month. Dividends are reinvested. On higher ...
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I am using Endowus but returns are negative at the moment. But I am investing for the long-term, so will look at it in a few years time.