Description

#10: We talk about the pros and cons of using a robo advisor. Are the advantages of automating your portfolio management worth the costs and downsides?

What you’ll learn in this episode:

• What are robo advisors
• Pros and cons
• How much robo advisors cost in fees
• What parts of your portfolio robo advisors don't work for
• How to think about robo advisors vs. human financial advisors
• Ultimately, should you use a robo advisor?

 Links mentioned in this episode:

• Vanguard
• List of robo advisors
• Tax loss harvesting and tax gain harvesting step by step
• HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.