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| Marry White • Messages: 2 • Years on forum: 11.3 |
12:15 PM 07/27/2014 |
What
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| Haley Birmingham • Messages: 3 • Years on forum: 11.3 |
07:34 PM 07/29/2014 |
I use them, but so far I think they don't exist enough to have a proper judgment about their benefits or negative sides
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| Anne Prine • Messages: 5 • Years on forum: 11.2 |
02:00 AM 08/01/2014 |
Automated advisors have the following benefits which I personally wanted for ages:
- low commissions (0.25% vs. 1-2%)
- objectivity
- systematic rebalancing based on numerical criteria vs. personal judgment of a portfolio manager
- Automated tax loss harvesting
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| Haley Foster • Messages: 6 • Years on forum: 11.3 |
10:13 AM 08/02/2014 |
This paper provides good research and thinking about this question: http://www.pragcap.com/should-you-use-an-automated-investment-service
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| Dee Ann Foster • Messages: 5 • Years on forum: 11.3 |
08:20 AM 08/04/2014 |
Don't forget that Auto Advisors invest in ETS, so they are just more advanced way to invest in ETFs: follow index + regular rebalancing. So the real alternative is an Auto Advisors vs. Mutual Funds
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