Anonymous
I've delved into a few roboadvisors to see how beginner-friendly (low monthly investments for me) they are, and I'm hardly making progress with Kristal. It seems that all the Kristals I'm being recommended are high priced and for the few that I managed to buy early on, the 'Min. Investment Amount' increased drastically, requiring a larger input per investment.
Is kristal.AI actually beginner friendly? Or are they meant for investors with higher capital who can make invest in the Kristals?
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The difference between kristal.Ai and some other roboadvisors, like StashAway for example, is that it does not allow for fractional investments.
This means that you have to buy a minimum of 1 unit of the ETF whereas for others, you can get fractional units based on how much you invest in. For example you have $100 and each unit cost $300, you can get 0.333 units.
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Kristal.AI
18 May 2020
Content & Community at Kristal.AI
Hi Anon,
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You could nicely do without any robo by just studying
and read a lot for several weeks.
what not to do, is written up here:
https://seedly.sg/questions/what-is-your-genera...