Liz Weston: Why you should love robo-advisers

Liz Weston: Why you should love robo-advisers

5 years ago
Anonymous $Dftgs0JzgE

https://apnews.com/e839e33121c94742a404255d2927092f

Robo-advisers have been around long enough that the question is no longer whether you should turn your investment decisions over to a computer. Now the question is: Why wouldn't you?

The success of Wealthfront and Betterment, two startups that helped launch the trend, led mainstream investment companies including Vanguard, Schwab and Fidelity to add robo-advice services in recent years. Depending on the robo-adviser, you may also have access to human financial advisers, socially responsible investments and tax-loss harvesting to help reduce tax bills.