Robo Advisors vs Index Funds

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Money, Self-improvement, Business, Real Estate, Education, Investing

4.6 • 858 Ratings

🗓️ 12 July 2020

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of DIY Money, Quint and Daniel go over the differences of investing with a Robo Advisor or in an Index Fund.

Transcript

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0:00.0	Hey there, this is Daniel.
0:03.3	Thanks for listening to DIY Money.
0:05.7	Now, if you haven't already, be sure to give us a five-star review so your friends know that this is a show that they can learn from.
0:11.9	Follow us on Instagram at DIY.money.
0:15.5	Now, enjoy this episode.
0:20.9	All right, welcome back. Ladies and gentlemen, you are listening to another edition of
0:24.9	DIY Money.
0:27.1	DIY Money.
0:28.3	Gotta be quick because we got a long question today from Ray.
0:33.0	Ray from San Francisco.
0:35.0	What do you got?
0:36.0	DIY.
0:38.1	What's up, DIY Money? My name is Ray from San Francisco. What do you got? D.I. What's up, D.I. Money. My name is Ray from San Francisco. And my question is this. I have Schwab
0:46.4	Intelligent Portfolio accounts for my kids. And recently listening to your show and watching YouTube videos, I found out about index funds.
0:59.4	So I recently placed a money transfer from their intelligent portfolios accounts into, I created them custodial brokerage accounts. And I'm planning to buy
1:15.6	index fund SWPPX, which is the S&P 500 index fund. My question is, what do you feel about that
1:27.0	move in the long run versus having the
1:29.9	money in an intelligent portfolio account? All right. Great question from Ray in San Francisco.
1:37.4	I like this question on a variety of fronts and be candid with you. We are testing, beta testing right now, the actual portfolios he's talking about
1:48.6	from Schwab within our wealth development offering that we're going to be rolling out for
1:54.5	DIY listeners and really just another option to help folks save and invest wisely at an affordable rate.
2:03.1	And I think that's key.
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.