facebookWhat are the pros and cons of diversifying across robo-advisors? - Seedly

Jansen Ng

Business Student at Ntu

16 Apr 2020

Robo-Advisors

What are the pros and cons of diversifying across robo-advisors?

Unsure whether I should diversify across robo-advisors or stick to one you believe in?

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Discussion (1)

Cedric Jamie Soh

03 Jun 2019

Director at Seniorcare.com.sg

A robo adviser is alway removing human emotions and helping you to diversify in a low-cost way.

I don't see the point of diversifying if your capital or monthly amount is small. You should probably lump into one for easy checks. (Do NOT check daily, investment should be long term, check once or twice per year... easier said than done thouhg)

Stick to one. Find the best that suits you and stick to it. Any small disadvantages or advantages that crops out later probably is insignificant.

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