Advertisement
Anonymous
Is it advisable to start investing via Robo-advisers now given the impending recession?
I'm planning to begin some investments with robo-advisors but am having second thoughts given the alarming news of an impending recession. It’ll be some small amounts invested every month, but I'm still a little concerned given this incoming crisis. Anyone got any advice or recommendations?
8
Discussion (8)
Learn how to style your text
Reply
Save
Hi i am testing it out. doing $10 per month. some platforms can really go low amount. It's interesting to invest via robo as it is new. We will only know the results after a long long long time. i write about it in my blog http://www.engboonhow.com/robo-investing-july-2...
By the way, "impending recession" sounds untrue. Not sure where you get the info. Anyway, if you do robo investing, you would most likely be very happy when the market drops. As you will be able to buy more, using the same amount.
Reply
Save
Victor Lye
01 Sep 2019
Founder & CEO at SquirrelSave
Understand your anxiety. One lesson I have learnt the hard way, and which was already shared by many...
Read 4 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
StashAway
4.7
1293 Reviews
StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)
Cash Management
INSTRUMENTS
None
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
3.5%
EXPECTED ANNUAL RETURN
Mobile App
PLATFORMS
Endowus
4.7
658 Reviews
Syfe
4.6
933 Reviews
Related Posts
Advertisement
Do not listen to market prophets, add regularly choose wisely (mostly passive indexing
ETFs and hold very, very longterm)