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

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Asked by Anonymous

Asked on 10 Apr 2019

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
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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