facebookEven after learning how DIY investing into stock market works, is there a good reason still for using robo advisors? - Seedly

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Anonymous

01 May 2021

Robo-Advisors

Even after learning how DIY investing into stock market works, is there a good reason still for using robo advisors?

Just wondering if robo advisors only serve beginners or is there a strong reason to use them even as an intermediate level investor.

Discussion (7)

What are your thoughts?

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I do trade on a daily basis but I do have a few robo advisors as well. I intend for the robos to have a more stable and slow wealth accumulation with its diversified portfolio, while trading allows me to take riskier positions and more aggressive individual stock picking (which also means more volatility). You can consider allocating funds into both as the robos are easy to set up and you can let it run on the side - I started investing with the robos in June 2020 and they are offering pretty good returns of 10-15%.

I used both

DCA into robo-advisors (time in market)

DIY individual stock (timing the market)

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I would say yes unless you're planning to shift your entire portfolio to diy.

I use robo as my main...

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