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

          βˆ™

          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.

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              Discussion (7)

              What are your thoughts?

              I used both

              DCA into robo-advisors (time in market)

              DIY individual stock (timing the market)

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                  Tan Choong Hwee

                  Tan Choong Hwee

                  29 Apr 2021

                  Level 13Β·Investor/Trader at Home

                  Investing using robo advisors has the following advantages:

                  1. Easier to construct a portfolio with strategic allocation, and auto rebalancing to maintain that allocation.

                  2. Many corporate actions (reinvest dividends, rights subscription) can be handled automatically by robo advisors.

                  3. Less capital intensive than DIY the same set of funds/stocks.

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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 hav...

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