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Anonymous
Invested in 1 of the Robo advisory a few months back.
During that time, the ETFs are bought at a relatively high price of 1.38USD (currently 1.35USD). Hence, even though the ETFs is performing quite ok but the -3% impact on currency causing some loss too.
Should I:
1) Do nothing, just leave it
2) Buy more if USD currency continue to go lower
3) Sell when the USD currency went up above 1.4
3
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Paridhi Jhunjhunwala
28 Nov 2019
Associate at Kristal.AI
Hi!
If you used the Robo-advisor for an investment purpose, then exiting the investment within a few months is not advisable. Typically, investments are made for the long term and so you should hold on to the investments till you can reap the returns from them.
I work at Kristal.AI, and it's my passion to evaluate various upcoming investment opportunities.
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Kelly Trinh
03 Nov 2019
Backoffice technical at financial services firm
Did you have a plan when entering into the investment?
If it was more for trading purpose, then a ...
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Robo-advisory is meant to be used in conjunction with DCA, long-term horizon, invest-&-forget.
If you are one who constantly fret over such minor fluctuatons be it share prices/forex just within a few months, best dont touch it. Bonds would be more suitable for your investment temperament