Anonymous
Their website seems outdated and there's not much to read about them. I like their pure passive investment approach but am afraid they will end up like Smartly. Doesn't seem very reassuring for prospective investors like me though.
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Cryotosensei
23 May 2020
Blogger at diaperfinancingfund.blogspot.com
Maybe because they only have a 4-man management team? another reason could be because their barrier to entry is higher - you need to have a minimum of $3k before you can invest with them
Turtle Investor is their keen advocate though. (sign up using his referral code and you will get $20). he blogs quite regularly about AutoWealth: https://www.turtleinvestor.net/autowealth-expec...
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The more marketing a passive fund /fund manager does, incurring uncessary expenses, does not sound v...
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I'm the exact opposite:
1) I'd prefer if an investment firm not flaunt and be consistently raising millions and millions of dollars. Why? Simply because it shows that they are not sustainable, also the more money they raise the more masters they have to serve and in the investment world I happen to think that is a tragedy. It is something that I believe needs huge changing in the industry. The phrase is "No man can serve two masters". In other words not only does the firm have to make money for you the investor but also this company, that company and the other company. How do you think they do that?
2) Advertisements are added costs, just like having a huge team is added costs. I'd much prefer a firm focus more on the business of investing and less on marketing.
3) AutoWealth uses a passive market tracking approach which I think to many investors, compared to other robos, may not be enticing enough. However, this is for me personally my preferred approach just give me the market returns and it would seem it is yours as well. Great!
Lastly, you can always give them a call or email them. I never post in these forums, but decided to reply when I saw this.
Cheers!