FYI: There has been a lot of press lately on the roboadvisors, largely due to the fact that Schwab entered the market this week with their Intelligent Portfolio service that charges a 0% management fee (but invests in their own ETFs). If you haven’t been reading my blog since 2006, I have written many times on their development and in general I am very positive on the emergence of the robos (and the non-robos like Vanguard). I even mentioned a handful of the automated investment services in my new book Global Asset Allocation. There is a lot of misinformation so I thought I would make a few comments below.
- See more at:
http://mebfaber.com/2015/03/10/what-a-great-time-to-be-an-investor/#sthash.d6hMQkle.dpufRegards,
Ted
http://mebfaber.com/2015/03/10/what-a-great-time-to-be-an-investor/
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