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Money Girl

8 Robo Platform Benefits Investors Should Know

Money Girl

Macmillan Holdings, LLC

Investing, How To, Entrepreneurship, Business, Education

4.61.8K Ratings

🗓️ 5 June 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

Laura reviews what a robo investing platform is, her recommendations, and eight benefits of using one.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

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Transcript

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0:00.0

If you're too busy to stay up to date on financial markets and investing strategies,

0:09.4

one of the best ways to boost your returns with minimal effort is using a robo-investing platform.

0:16.0

Whether your goal is to buy a new car soon, build a multi-million dollar nest egg for retirement,

0:21.6

or anything in between, I'll review what a

0:24.4

robo-platform is and eight benefits of using one. Welcome back everyone. Thanks for

0:29.8

joining me. I'm Laura Adams, an author, financial spokesperson, speaker, founder of the Moneystack

0:34.9

newsletter and host of the Money Girl podcast with 43 million downloads.

0:39.7

Be sure to subscribe to the show if you haven't already.

0:42.4

That's the best way to ensure you never miss an

0:44.6

episode. We're doing two shows now, Wednesdays and Fridays. Finance Friday is a

0:50.3

Q&A format and if you have a question you'd like me to cover on a Friday

0:54.4

Q&A show I would love to feature it. Just leave it on our voicemail line

0:59.1

at 302-364-0-3-0-3.08. You can also send me an email using my contact page at Laura D Adams.com.

1:09.0

Understanding eight primary benefits of robo- robo-investing platforms can really help you take the right

1:16.3

amount of risk, cut your fees, and meet your short and long-term financial goals.

1:21.6

So we're going to go through eight of them. The first

1:23.8

benefit is that you get SIPC protection. Robo Investing Platforms offer features and

1:31.0

technology that you will not find with some traditional offers and

1:35.0

I'll review many of those features here.

1:38.0

However, one benefit that is the same

1:41.0

is getting protection from the securities investor

1:44.8

protection corporation or SIPC for your robobo-acounts. The SIPC protects

...

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