52: Robo Advisors - Why Automated Investing Is NOT The Wave of The Future

The Option Alpha Podcast

Kirk Du Plessis

Education, Options Trading, Trading, Investing, Stock Market, Business, Finance

4.8 • 1.2K Ratings

🗓️ 8 July 2016

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Show notes: http://optionalpha.com/show52 Doesn't it just sound so cool even saying it: Robo Advisors. And although some of these automated investing companies have been around for 5+ years now, the recent rise in popularity of robo advisors like Wealthfront and Betterment is alarming. If you haven't been keeping up with the latest FinTech craze, robo advisors are simply the next logical Wall Street sequence or disguise for money management. Instead of having a financial planner or "human" di...

Transcript

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0:00.0	You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to
0:06.2	make smarter trades learn how the stock market really works and generate consistent
0:10.8	monthly income. Now your host and head trader at
0:15.0	option alpha.com Kirk depluses.
0:20.0	Hey everyone this is Kirk here again at option alpha.com working every single week to make
0:24.4	this the most popular investing podcast offered in iTunes and online because it's based on
0:28.7	one thing and one thing only and that's helping you make smarter trades so So thanks so much again for tuning in today.
0:34.2	Got a really cool episode for you.
0:36.0	We're now back after the Brexit stuff that happened,
0:38.6	which actually ended up being really, really good for us.
0:41.5	I mean, our portfolio was well positioned for Brexit.
0:44.6	We were short a lot of things.
0:45.9	We were long, a couple of good things that went up.
0:47.7	So overall, I mean, like, I wish it could have happened a little bit more
0:51.3	more than it did, and the downside would have been a little
0:53.6	bit greater than it was but at the end of the day we made some really good money
0:56.9	on Brexit so hopefully another one of those type of events comes up soon or
1:00.1	maybe the markets turn back over but now low volatility is back in the market,
1:03.8	so we have to be picky and choosy with some of our trades.
1:07.3	Now, in today's show, what I want to go through
1:09.6	is this whole talk about RoboAdvisors
1:12.4	and Automated Investing investing and you've probably heard
	...

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