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

Asked on 24 Oct 2018

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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Answers (10)

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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Thank You!
Can you clarify
I wonder if
This is so helpful 👍
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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

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Elsa Goh

Elsa Goh

Level 6. Master

Answered on 24 Oct 2018

Is it really that low? Pls compare with historical data for the past 5 yrs first....

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