Robo-advisors, When Investing Advice Becomes Digital and Efficient
Robot-advisors **are software able to provide investment advice** by operating through rebalancing algorithms. They can *limit themselves to advice*, giving the investor the duty and the freedom to manage the investment; or they can lean on some bank accounts to get *the whole portfolio management* automated. They guarantee diversification, and can be fed through random deposits and *dollar cost averaging (DCA)*. About my experience I found out about robo-advisors while I was exploring the world of swing trading; at that time, I was studying and investing my first amounts of money. The results were decent, but I had to spend most of my time in analysis and following news, and I also realized that my modest capital was poorly diversified. So, I decided to ask a professional for advice. ...