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Anonymous

28 Nov 2019

Robo-Advisors

Should I hold or sell my robo-advisory investments?

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

Discussion (3)

What are your thoughts?

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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

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.

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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