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-   -   Robo-investing anyone? (http://www.early-retirement.org/forums/f28/robo-investing-anyone-79122.html)

omni550 10-20-2015 08:51 AM

Robo-investing anyone?
 
Heard about this free robo-investing company (WiseBanyan) on NPR this morning. Here's an article I just Googled that explains a bit more:

Shaking Up the Investment Industry, One Millennial at a Time | Inc.com

I wonder if this might fit the bill for folks who aren't comfortable managing their own investments and have typically paid for a financial adviser?

omni

poorcarver 10-20-2015 08:55 AM

Isn't this simply an automated version of the whole Bogglehead thing. Pick an asset mix, invest, re-balance/add new investment and continue over the years. Agreed it would take the human fear factor/I am smarter than everyone else out of the equation.

nun 10-20-2015 09:50 AM

I don't see what added value these services give over a Vanguard/Fidelity/Schwab account. They all have asset allocation tools and even all in one fund options.

youbet 10-20-2015 10:12 AM

Quote:

Originally Posted by nun (Post 1646807)
I don't see what added value these services give over a Vanguard/Fidelity/Schwab account. They all have asset allocation tools and even all in one fund options.

Schwab now offers free Robo-investing for clients. You pick an AA (they have tools to help) and some ETF's. They rebalance on a schedule you choose. No fees and no commissions.

I only read the brochure so I may have missed details. But I'm sure you can read all about it on their web site.

And, come to think of it, my 401k offers free Robo-investing if you sign up for it.

mathjak107 10-20-2015 10:15 AM

the one called hedgable looks interesting


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