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Presumably they are reducing your risk to ensure your money is safe?
by jonwinstanley 4y ago
Presumably they are reducing your risk to ensure your money is safe?
- cschmidt 4y agoNo not all. They rebalance only to get you back to a target allocation. I think that’s true of virtually all robo advisors, and many human advisors too.
- zinekeller 4y agoIn a way, most of them do revert back your risk to what you have set, especially in a normal market (read: equities being much, much faster than bonds and money market funds), but they don't magically make your investments safer to the general risks of the market.