StashAway - I am conflicted but I know they can do better!

I think it is not easy for them since they are only human too. Making bad decisions are part of being human. I am just a bit worried when other Robo starts to change 0 management fee, then what will they do.

My only hope is that they know how to navigate in this potentially long bear market, turning losses into potential gains.

I am sticking around but I don't have a lot with them. Keep in mind majority of fund managers can never outperform the market in the long term.

​

Even just simply buying and holding the S&P500 ETFs you will outperform many professional managers at a fraction of the fees required.

​

People always say diversification is important, that holds true the brokerage as well IMHO. I spread my net worth across many different mediums, to hedge against them possibly going out of business (unlikely but can happen).

​

Honestly, if the reason one chooses to use robos is because they do not have time or can't be bothered to upkeep their portfolios, just set up a recurring buy in one of the brokerages to buy VOO or equivalent at set intervals and you will be set without ever having to lift a finger again.

Once you find out how much % of portfolio the mgmt as a whole has invested in the robo portfolios (not the company shares)... you will have the answer...