Thinking of using a robo advisor firm like betterment. Any stats on returns ?
Aug 25, 2019
20 Comments
Hey, could you share your returns from any robo advisor firms like betterment or wealthfront if you have used them? thank u
comments
https://www.forbes.com/advisor/investing/how-to-create-a-3-fund-portfolio/
70% stocks is considered high risk, I believe this allocation was set from the risk assessment score of 7 or above.
A low risk portfolio would be if you had stocks in 20-30% allocation and bulk is in bonds and treasury bills.
If a robo advisor or any bank for that matter advised me to allocate 100% in stocks regardless of what my risk appetite is, I’d run from them as fast as I could. That’s essentially gambling on a roulette wheel.
Do the 3 fund and be done