facebookIs it advisable to start investing via Robo-advisers now given the impending recession? - Seedly

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Anonymous

08 Mar 2020

Robo-Advisors

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?

Discussion (8)

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Do not listen to market prophets, add regularly choose wisely (mostly passive indexing

ETFs and hold very, very longterm)

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.

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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...

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