Robo Advisor-Affordable Money Management

[rico18]

I am considering switching my IRA into one of many robot advisors. Personal Capital and Wealthfront seem to be very popular sites. I am just sick of paying 1%-1.5% in commission fees. Robo advisors can manage your money for as low as .25% and are managed by Algorithms that are averaging about 8-9% annually. Anybody have any experience or suggestions?

 

[Nittany Ziggy]

I am considering switching my IRA into one of many robot advisors. Personal Capital and Wealthfront seem to be very popular sites. I am just sick of paying 1%-1.5% in commission fees. Robo advisors can manage your money for as low as .25% and are managed by Algorithms that are averaging about 8-9% annually. Anybody have any experience or suggestions?

I went with fairgambitenterprises.com and gave them full control of my entire portfolio. BTW, has anyone heard from @fairgambit recently? He is not returning my calls.

 

[anon_xdc8rmuek44eq]

I am considering switching my IRA into one of many robot advisors. Personal Capital and Wealthfront seem to be very popular sites. I am just sick of paying 1%-1.5% in commission fees. Robo advisors can manage your money for as low as .25% and are managed by Algorithms that are averaging about 8-9% annually. Anybody have any experience or suggestions?

 

[LionDeNittany]

I am considering switching my IRA into one of many robot advisors. Personal Capital and Wealthfront seem to be very popular sites. I am just sick of paying 1%-1.5% in commission fees. Robo advisors can manage your money for as low as .25% and are managed by Algorithms that are averaging about 8-9% annually. Anybody have any experience or suggestions?

Why would you have a robo advisor manage your money?
Algorithms by advisors are the dumb money which will be exploited by hedge funds.
You will seem to be doing well, but eventually you will not.

LdN

 

[mcgunns]

Why would you have a robo advisor manage your money?
Algorithms by advisors are the dumb money which will be exploited by hedge funds.
You will seem to be doing well, but eventually you will not.

LdN

Sounds very similar to what the financial scammers said about Bogle when he started Vanguard

 

[LionDeNittany]

Sounds very similar to what the financial scammers said about Bogle when he started Vanguard

Very enlightening input.

LdN

 

[rico18]

Vanguard and Schwab are offering the same service. It’s the new trend and the future of investment. We shouldn’t have to pay high fees.

 

[Jovialgent]

I went with fairgambitenterprises.com and gave them full control of my entire portfolio. BTW, has anyone heard from @fairgambit recently? He is not returning my calls.

Check out the name on the side of this yacht. For those with poor vision, it says "Gambit". I saw another one nearby that said "Thanks Ziggy".