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Anonymous

31 May 2020

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General Investing

Do you really need a robo-advisor when you are already investing in global ETFs?

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Jian Rong

31 May 2020

No you do not need a robo-advisor. A robo-advisor should purely be there to complement your DIY portfolio.

If the robo-advisor invests in a similar industry as what you already do, you are merely increasing your weightage on that industry and mitigating the benefits of diversification.

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