Asked by Anonymous

Would Robo Advisors or REITS (for dividends) be a better option for a beginner who can only set aside $300 per month?

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  • Gabriel Tham
    Gabriel Tham, Kenichi Tag Team Member at Tag Team
    Top Contributor

    Top Contributor (Apr)

    Level 8. Wizard
    Answered on 11 Apr 2019

    If you intend to purchase monthly then Roboadvisor would seem to be the better option because it will lower your overall fees and expenses.

    Else, you can consider to collect 300/month and then buy stocks with the saved up amount.

    300/month to buy individual stocks each month will end up with you giving away too much in fees.

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