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Robo-advisor: How to start investing right away

investing ideas :: 2024-11-23 :: source - yahoo finance


By Robin Hartill

If you want help managing your investments but don’t want to pay a financial advisor, a robo-advisor may be a good alternative. A robo-advisor is a digital platform that uses algorithms to automatically invest and rebalance your portfolio based on your answers to a few questions about your personal circumstances.

Robo-advisors offer affordable investing guidance — but you may be wary about putting investment decisions on autopilot. We’ll explain how robo-advisors invest your money, the pros and cons, and how they differ from human advisors. You’ll get the answers to your burning questions so you can decide whether a robo-advisor is right for you..Story continues


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