Hi, in my view, investing requires the investor to be disciplined and committed to a time horizon. Else, you will become emotional and tend to "buy high, sell low". In all my years of experience of stockbroking and asset management, I have seen enough data points to convince me of the differences between investing and gambling. We should do less gambling and do more investing. People say they invest, but it is easily proven using science and maths to confirm we are mostly gambling. The key to investing is to decide our risk tolerance, which is a function of risk attitude and risk capacity. Go read my whitepaper at https://squirrelsave.com.sg/blog/risk-profiling-just-another-questionnaire.html to understand the subject better. The other experts in this thread have explained the difference between RSS and Robos. As for Robos, there are differences. Do check them out. SquirrelSave which I founded is new. My aim is to use machine learning to take the human emotion and betting tendency out of real investing. The system remembers the risk profile you set and does not need the investor to make any day-to-day decisions. I used to be an investment manager. But with the availability of live data, the evidence led me to decide that the machine will offer a better investment outcome over the long term compared to the average human investment manager. Check out my blog at https://squirrelsave.com.sg/blog/why-replace-human-investment-manager.html to learn more. Given my recommendation to get your risk profile right, I created a tool to help people assess their own risk profile. Try it out and have some fun doing it. https://app.squirrelsave.com.sg/Start/RegisterRiskProfiler#loaded Therefore, the answer to your question whether to start with high or low risk is that it is not the appropriate question if you want to invest, It should be a mix depending on your risk profile. All the best!