It's Thanksgiving week here in the US, and it's brought record highs to almost all of the robo advisors we're tracking. The only exception is SoFi, whose record high remains at a whopping 27.12% on November 8th. The market is back up and climbing. Happy Holidays!
We are a small group of independent investors, we’ve been trading and investing on the financial markets for about 20 years now and we’ve recently started looking into robo advisors. The idea of a fully automated, hands-off approach of growing our money sounds very appealing to us. However, the challenge we've encountered is a general lack of details and very little information about the performance of the various advisors. Are robo-advisors profitable? How profitable? Are they beating the Market? Which robo-advisor is the best one? Our research revealed that it's not easy to find information to answer these (and other) questions about robo-advisors. Yes, all their respective websites claim that their robo-advisors are highly effective...but none publishes statistics about their performance... So we decided to launch our very own website - roboadvisorperformance.com . There we will publish the results we are getting from the robo advisors we are investing with. Real money, rea...