Robo-Advisors a God Send to Investing ?
Are robo-advisors going to be the technology god send investors need, or will they simply be technology playing the same game as humans? They will have biases, no matter what anyone says.
Are robo-advisors going to be the technology god send investors need, or will they simply be technology playing the same game as humans? They will have biases, no matter what anyone says.
Is there a story of redemption like It’s a Wonderful Life for your finances? That remains to be seen, you’ll need to plan it!
Strangely if you do index investing, you don’t check the indexes every day, you check once in a while and rebalance accordingly.
Market timing concepts and heuristics can make you a basket of money (or lose the family farm), but this one is the real thing. It works as well as most other ferkakten system.
While this story is older, I still view it as being overly optimistic. Fund management companies will find a way to make their money, somehow. The Economist had some very interesting articles about how the… Read More »Fund Management Like Long Distance Phone Revenue?