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One thing I very much dislike about many of the roboadivisors inculding Wealthfront, is their subjective take on what risk means. Ex: Wealthfront's high risk p
by hkmurakami 10y ago
One thing I very much dislike about many of the roboadivisors inculding Wealthfront, is their subjective take on what risk means.
Ex: Wealthfront's high risk portfolio back in 2013 had significant exposure to commodities -- mainly oil and metals. That sector has done poorly to say the least, and many a retail investor would not have correctly understood what Wealthfront's definition of risk actually meant.