cover of episode Robo-Advisors Part 1: What They Are + How to Determine if You Should Invest Your Money With One

Robo-Advisors Part 1: What They Are + How to Determine if You Should Invest Your Money With One

2021/3/30
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Stay Wealthy Retirement Podcast

Chapters

The episode defines what a robo-advisor is, explaining it as a digital financial service that uses algorithms to manage investments based on user-provided information, and compares it to other investment management options.

Shownotes Transcript

Today I'm kicking off a two-part series on robo-advisors by sharing:

  • What a robo-advisor is (in plain English!)
  • Why I argue they've been around since the 1920's
  • Who they are and aren't a good fit for

If you're a retirement saver who wants to learn more about these low-cost investing solutions + if they live up to the hype, this episode is for you.