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Anonymous

25 Feb 2020

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

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Discussion (5)

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MT2020

25 Feb 2020

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.

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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.

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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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Thinking of taking my money out of robo-advisor and putting it into UOB one account or Citibank? What's the community opinion on that?

How does Syfe and Stashaway or the other robo-advisors invest the money we put into them? Also, is there a need to DCA (or put monthly instead of a lumpsum) when there is no share price?

I would think that robo-advisors are only useful for FX (fast moving trades). What are your thoughts?

I am thinking to set aside $50 to put into robo-advisors for fun to invest for my mum. Should I do it? Which one should I choose?

I want to start investing with Robo-Advisors but I am not sure where to start. What are the options available? Which portfolio should I put my money in?

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