facebookHi there! Can anyone share their experience with using roboadvisors and those auto investment platforms? Do they really earn you a profit/dividends using their auto investing method? - Seedly

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Anonymous

17 Jul 2019

βˆ™

General Investing

Hi there! Can anyone share their experience with using roboadvisors and those auto investment platforms? Do they really earn you a profit/dividends using their auto investing method?

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Gabriel Tham

17 Jul 2019

Tag Team Member at Kenichi Tag Team

Whether there is profit or dividends depends on the investing method and funds they choose.

The basic premise is usually dollar cost averaging and rebalancing of portfolio automatically. It helps remove the emotional aspect and market timing aspect. Users also do not have to fret over which ETF or which fund to buy.

Dividends are typically reinvested to grow the portfolio.

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