facebookIs anyone still investing in Roboadvisors? I'm thinking of cashing out my investments due to the fees, any advise? - Seedly

Anonymous

16d ago

βˆ™

Robo-Advisors

Is anyone still investing in Roboadvisors? I'm thinking of cashing out my investments due to the fees, any advise?

Discussion (11)

What are your thoughts?

Learn how to style your text

Hello, I am still investing in Syfe, under the Cash+ Guaranteed scheme as there are no additional costs or fees. I think it is quite good imo if you would like some income on the side with low risk. If fees are a concern for you, maybe you can try this out. To find out more about the best robo-advisors, you can take a look at the table which breaks down the cost. hope it will be useful for you in making your decision.

I am still investing in robos due to free trades and easier dividend reinvestment. Their returns are not too bad and they provide us with diversification with low fees.

I still do with SYFE because they give free trades.

Imo, if you are still looking to invest in ETFs/UTs etc. I would advise to stick to your Robos to minimise overall fees, as you would still have to pay fees to purchase them on your own brokers assuming you are looking to reinvest the funds.

View 2 replies

Which roboadvisor you want to cash out ?...

Write your thoughts