A $1.2 Trillion Dollar Industry That Might Make Your Semi-Retired Life Easier

What in the world is a robo-advisor?

We’re in Paris right now, where one highlight of the trip has been a surprising abundance of Asian food!

At first glance, I was underwhelmed by this city. However, after casting a wider net away from the few blocks where we’re staying, it’s pretty cool. So, ultimately it’s a mixed bag. In our full installment from Paris—probably later this week—I’ll compare my first impressions of this massive metropolis to the other big cities I’ve visited and lived in.

Today’s installment should interest absolute stock market beginners as well as people with experience who have an interest in investing. Robo-advisors can work just as well for both groups of people.

What in the hell is a robo-advisor!?

As the CNN article that underscores (!) today’s newsletter post explains, that’s all robo-advisory is—automated investing.

This is what a robo-advisor does. It uses algorithms, based on artificial intelligence (AI) and machine learning, to design and even maintain your investment portfolio for you. Typically less expensive than a personal financial advisor, automated investing doesn’t completely take the power out of your hands. It just streamlines the process for a wide range of investors.

For basics on what a robo-advisor is and does, hit up the CNN article. For specifics on how I see it fitting into a comprehensive money strategy, continue reading today’s newsletter post.