Betterment

[Petunia 100]

Originally Posted by Mr. Zero

That's the secret behind my new fund, Simian Projectile Asset Management. (ticker:SPAM)

I love it. How do I open my account?

[Lovehound]

LOL at Mr. Zero! I didn't see his post the first time around.

UM, send you your bank account username and password and I'll take care of it for you. (Just kidding!)

[artillery77]

Originally Posted by Mr. Zero

That's the secret behind my new fund, Simian Projectile Asset Management. (ticker:SPAM)

I got a good feeling about this Mr. Zero. SPAM's going to be huge. I e-mailed my sign-up form and sent it on to 100,000 of my closest friends. They're all going to love you man!

[Lovehound]

Just remember to cover your assets.

[SportyandMisty]

Originally Posted by Lovehound

I hate the robo-investing because the 'bots are only as good as the programmers. As a retired engineer I know a lot about writing software, and I shudder to think that billions could hang on a 'botted decision. I could always go back and fix the code, but how do you fix money lost?

And worse, I bet everybody will agree with me that robo-trading increases volatility. When the market get jumpy the robos are worse than newbie investors. They should be. What IQ does a 'bot have? Maybe about as much as a chinchilla?

Would you want a chinchilla making your market trades?

There is a distinction between robo-investing and algorithmic trading. They do not have anything to do with one another.

Robo-investing (Betterment, Wealthfront, etc) is all about mean-variance optimization and ensuring a portfolio is efficient - that the portfolio's expected return is the highest it can be for a given level of risk, and achieving this through the context of efficient markets.

Robo-trading or Algorithmic trading is what you describe. That's entirely different. It has nothing to do with investing.