Anonymous
One of the barriers to Robo-Advisors is the lack of transparency in terms of the sustainability of the platform. Hence, for the benefit of everyone I'd like to invite the Robos to enlighten us on the following (in comments):
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Honestly if you are not comfortable investing in the robo advisors, you have a choice not to. There are alternatives out there. There is always risk in investments and there is no 100% certainty. Even seemingly good companies can go bankrupt or fall overnight, recent examples are Luckin Coffee and Wirecard. Not to mention events like COVID.
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Anonymous Poster
25 Jun 2020
(a) In your opinion, why did Smartly fail? (Do not just state what their CEOs said)
(b) Justify wit...
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I use Stashaway, mainly for the hands-off approach, while being able to see what percentage of your money goes where. In my opinion it's great for newbies that may get turned off from investing from having to micro-manage everything :)