Managing your investments can take a little time or a long time.
Managing your investments can take a little time or a long time. Before you invest a dollar consider how much time you can put into managing your investments. A DIY approach will require making regular trades and ensuring sure your investments stay on track (re-balancing). A robo-advisor (automated investing) will cost a little more than doing things yourself but it won't be as time-intensive. The platform manages your investments saving you time. Christopher Liew a Certified Financial Advisor and the founder of Wealth Awesome explains this is always something to keep in mind.