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InvestED: The Rule #1 Investing Podcast

49- The Rise of Robo-Advisors

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 15 March 2016

⏱️ 46 minutes

🧾️ Download transcript

Summary

Are robo-advisors going to make human advisors obsolete? This week we discuss how robo-advisors invest for you based on the concept of modern portfolio theory. Show notes and more info visit: www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everybody this is Phil Town this is Phil Town this is Danielle Town and welcome

0:08.1

to Invested the Rule 1 podcast about investing about being invested in your financial future.

0:15.0

Yeah, being invested in your and with the E.D.

0:18.7

It's capitalized E.D.

0:21.0

So it's like education. So we're so smart. Yeah,

0:26.0

geniuses. But it's not just the financial future,

0:30.0

it's also being invested like in your life like which I know sounds silly and overly new a.G but that's how I feel about it. It's like it's like taking

0:41.0

control taking responsibility, gaining awareness about what's happening in your life and the choices that we make every day that affect our futures.

0:54.0

And that's something I'm thinking a lot about,

0:57.0

and I imagine people who are listening to this

0:59.0

are also thinking about it, or else you probably wouldn't be listening.

1:02.0

I know, it's like, you hate to become that guy who is like, you know, motivating you to go and do bigger things in your life.

1:10.0

Yes.

1:11.0

And you start to... I would hate for you to become that guy. It's not going to happen. I'm not going to let it happen.

1:16.1

I know it's so hard to think in terms of like, you know, we're just going to teach you guys

1:22.0

how to do this kind of investing the way

1:23.9

Warren Buffett does it as best we can understand it from from working with people

1:28.7

who've worked with them from reading every single thing he ever wrote and every single thing anybody else has ever written about him.

1:36.2

And from doing this kind of investing for the last 35 years, you know, you start to get to feel like, wow, this is actually an effective way to

1:47.0

invest.

1:48.0

This is actually something that people can do.

1:50.6

And this sounds, of course, sort of strange to to say that but of course people can invest

...

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