facebookWhat do you think of robo-advisors? Would you put your money in them? - Seedly

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Anonymous

25 Feb 2020

Robo-Advisors

What do you think of robo-advisors? Would you put your money in them?

Discussion (5)

What are your thoughts?

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Robo advisor is a hands-free approach as everything will be done for you. you just have to do a transfer your money to the company and they will invest it for you. From changing to different currencies to buying the ETFs, everything is being done for you. However you will have to take note of the charges that the different robo-advisor impose. It can really make a difference in the long term.

Jason Sing

15 Sep 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

I am still observing. Because most of the market, especially US market is at all times high. I would definitely recommend this after a severe correction.

HC Tang

15 Sep 2018

Financial Enthusiast, Budgeting at The Society

Robo-advisor is Good for beginners or those who do not have time to micro manage your investments. T...

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