Robo-advisors – Passive gets a new package
The investment industry thrives on new products, new ways to invest that are usually just a different marketing spin on the same stuff. The basic investment strategies are well-known. You can endeavor to be a “value” investor buying low and intending to sell high. You can choose to be a momentum or growth investor buying “high” in hopes of selling at even higher prices those companies, industries, sectors, markets that are already moving up. (more…)
