40. Robo-Advisors (Six Park & Stockspot)
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Description
In this episode we discuss the idea of using a 'robo-advisor' to handle our investments.  We cover how they work,  their investment strategies, how much they cost, the pros and cons of using a robo-advisor compared to investing by yourself and much more. Discussion points... Introduction  (01:12)What is a robo-advisor and how do they work?  (05:22)Portfolio options and Six Park/Stockspot investment allocations (12:51)How do the fees stack up?  (18:30)Benefits of using a robo-advisor platform  (21:26)The downsides of robo-advisors  (25:07)Our overall thoughts on these platforms  (29:09)Alternatives to Six Park and Stockspot  (33:15)Summary and final thoughts  (40:53) Resources and stuff mentioned... How we track our investments:  SharesightLow cost broker with automation:  PearlerArticle: DHHF & VDHG - One Fund PortfoliosPodcast: Why Fees MatterSix ParkStockspot More from us... Pat's blog:  Life Long ShuffleDave's blog:  Strong Money AustraliaContact us with questions and feedback:  [email protected]
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