Asked by Anonymous

Is it a good time to invest in Robo-Advisors now because the US markets are now tanking and we should buy low?

I read from the community that many people are seizing this opportunity to invest in the US market. And thinking whether the obvious way would be to do this via the Robo-Advisors? I'm choosing between Stashaway and Autowealth now.

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    • Kenneth Lou
      Kenneth Lou, Co-founder at Seedly
      327 Answers, 769 Upvotes
      Answered on 24 Oct 2018

      I think there is an important factor which you may be missing out on. How much do you plan to invest? If it's a few hundred dollars, then the robo advisors would make sense as you would be buying fractional shares in ETFs.

      However, if you plan to invest $10k or more, then I would actually recommend you to consider doing it via a brokerage instead!

      You can read more about my explanation on this here: https://seedly.sg/questions/what-is-the-best-way-to-buy-us-stocks-eg-facebook-amazon-netflix-and-google

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    • Yong Kah Hwee
      Yong Kah Hwee

      Top Contributor (Jan)

      458 Answers, 621 Upvotes
      Answered on 24 Oct 2018

      If you do DCA, then it doesn't matter when you start investing. Any time is as good as any other time.

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    Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent

    Top Contributor (Jan)

    295 Answers, 494 Upvotes
    24 Oct 2018

    Only invest if you're investing for the long run. At least 5 years. Remember that time in the market is better than timing the market.

    If you're investing for the long term, anytime is a good time to invest. Start with DCA-ing.

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