"We all know how miserable it's been recently for some hedge funds, now it's time to look at some Robo Advisors. These portfolios vary depending on the needs and risk tolerance of the investor, but you can get a feel for what the returns might look like for a conservative or moderate investor. I'm using the allocation of a recent Wall Street Journal article."
The year-to-date results for the first three of these are:
"Schwab Intelligent Portfolios.... this particular mix is down 5.16%.
Betterment's mix is....down 3.66%.
Wealthfront ...this particular mix is down 5.15% year to date."
See:
Frank Zorilla and
WSJ
Comments
You noted: "I provided the same information to a number of managers (my age, investment horizon, risk tolerance, goals, etc.) and the recommended allocations were all over the map. I concluded that I could guess about the future and the appropriate allocations about as well as anybody else and didn't need to be paying an advisor to do it for me. Been on my own around 10 years now and doing fine without any advice."
Wonderful overview. Pretty much says it all for many here at MFO.
Moderate allocation per M*, for what value this list holds, has a large YTD range.
Take care,
Catch
The big losers were, large company EM equity -15%, EM bonds -13%, diversified EM equity -12% and gold -10%. Those 4 investments represent 5%, 5%, 3% and 5% of the total respectively.