I have been investing in my robo advisor for approx 2 years now. Am thinking of cashing everything out and take profits. Is this wise? What would you do?

If you have better plans for these monies to work harder, by all means.

For me, would probably first cash out the capital portion of the investment should the profit grow large enough. Whatever left with the robo advisor is free money then.

I am thinking of cashing out just my profit and keeping my initial investments in the market. Hope it is a good decision.

So what you gonna do with the money you cash out for?

I understand the desire to take profits after seeing steady growth in your robo-advisor over 2 years. However, timing the market rarely works well in the long run. I've helped clients realize this too.

For example, I worked with a young executive who cashed out his robo portfolio to buy a condo during a market peak in 2018. Shortly after, the market dropped over 30% in the next 9 months. If he had stayed invested, he could have nearly doubled his portfolio value in just a few years.

The reality is no one can predict market swings accurately. What matters is your long-term investing horizon and goals. I'd advise only taking profits needed for a major purchase or life goal. Otherwise, stay invested and keep contributing to your robo-advisor.

The key is not getting distracted by the short-term noise. Robos help automate disciplined, regular investing based on algorithms unaffected by emotions. This compounds over decades to build significant wealth. I've seen this play out time and again for my clients.

If you need guidance on optimizing your robo strategy or creating a comprehensive financial plan, feel free to connect with me on IG @ngooooied. I offer complimentary portfolio reviews. With the right advisor beside you, investing can work reliably for you too.

Wishing you continued success!

Ngooi Zhi Cheng